• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Times of Pakistan
No Result
View All Result
Home Business Economy

Inter-bank Market: Rupee Strengthens Against Dollar

Jameel Ahmad by Jameel Ahmad
October 15, 2020
in Economy
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The rupee strengthened against the dollar at Rs163.48 in the inter-bank market.

The rupee strengthened against the dollar at Rs163.48 in the inter-bank market on Wednesday compared with Tuesday’s close of Rs163.87, according to the SBP. Earlier, the SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with the IMF for a loan programme on May 12, 2019.

The IMF has asked Pakistan to end state control of the rupee and let the currency move freely to find its equilibrium against the US dollar and other major world currencies.

Also, the World Bank, which finances some of the infrastructure and social safety net projects in Pakistan, has supported the idea of leaving the rupee free from state control in a bid to give boost to exports and fix a faltering economy.

Previous Post

Efforts Against Islamophobia to Continue: PM

Next Post

China, Pakistan May Ink Deal for Road Project

Jameel Ahmad

Jameel Ahmad

Related Posts

Pakistan Stock Exchange
Pakistan

PSX Skyrockets Over 1,000 Points, Smashes Through 48,000 Barriers to Reach Two-Year High

by Jameel Ahmad
July 31, 2023
Salaried class income tax
Pakistan

Salaried Class Bears Nearly 200% More Tax Burden Than Exporters and Retailers

by Jameel Ahmad
July 26, 2023
US Dollar
Pakistan

PKR Strengthens by Rs15 Against US Dollar in Interbank Market Following IMF Approval

by Jameel Ahmad
July 4, 2023
shehbaz sharif Sabzazar Sports Complex
Pakistan

Prime Minister Shehbaz Sharif pledges to seek public support if IMF deal falls through

by Jameel Ahmad
June 12, 2023
IMF
Pakistan

IMF’s Race Against Time: Board Meeting on Pakistan Looms as Current Programme Nears Expiry

by Jameel Ahmad
May 30, 2023
anti-money laundering
Economy

Pakistan Improves Risk Score on Global Anti-money Laundering Index

by Jameel Ahmad
March 7, 2023
Dar vows revival of critically-damaged economy
Economy

Dar vows revival of critically-damaged economy

by Jameel Ahmad
September 28, 2022
Next Post
China, Pakistan May Ink Deal for Road Project

China, Pakistan May Ink Deal for Road Project

Popular Stories

  • Sofia Vergara

    Sofia Vergara accidentally exposed her breast after New Year’s Eve

    0 shares
    Share 0 Tweet 0
  • Journalist Imran Riaz Khan Safely Returns Home After Four-Month Absence

    0 shares
    Share 0 Tweet 0
  • 10 Most Expensive Pets, Unusual Choices

    0 shares
    Share 0 Tweet 0
  • Islamabad ATC Approves Bail for Imaan Mazari and Ali Wazir in Sedition Charges

    0 shares
    Share 0 Tweet 0
  • 9 Exotic Cat Breeds You May Have Never Seen Before

    0 shares
    Share 0 Tweet 0
Times of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • PML-N Describes NAB Legislation as “Detrimental” to Pakistan
  • Journalist Imran Riaz Khan Safely Returns Home After Four-Month Absence
  • IMF rejects interim govt’s power bill relief plan

Times Of Pakistan © 2021. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In