KARACHI: Pakistani Rupee extended uptrend against United States dollar in interbank market in start of today’s trading is reported by ARY News. on Tuesday.
According to forex dealers, the local unit has risen in price by 0.35 rupees against the US dollar. in interbank market to trade priced at Rs 198.71.
dollar closed at Rs 199.06 against pakistani rupee today.
Interbank close #Exchange rate for todayhttps://t.co/m03OWY8V6G rice.twitter.com/HBkS9Yb2PL
— SBP (@StateBank_Pak) May 30, 2022
The rupee, which has been under tremendous pressure since coalition government took office in April, bounced back on May 27 after federal government raised fuel prices to meet the conditions of the International Monetary Fund (IMF).
It is worth noting here that the federal government on Gasoline and diesel prices rise on Thursday up up to 30 rubles per liter reduce fuel subsidies.
Read more: GOVERNMENT RAISES PETROL AND DIESEL PRICES TO Rs 30 per liter
Minister of Finance Miftah Ismail made in announcement at a press conference. He announced for hiking gasoline, diesel, light diesel and kerosene prices up up to 30 rubles per liter.
After a recent trip new price of petrol Rs 179.86 per litrespeed diesel (HSD) Rs 174.15, kerosene Rs 155.56 and light diesel Rs 148.31.
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