AIjaz Mahar Info | Online News Updates

  Interbank and local open currency markets Thursday saw a downward trend in the rupee against the rupee.  According to the Forex Association of Pakistan, on Thursday, the interbank market recorded a decline of 12 paise against the rupee, resulting in the purchase of the US dollar from Rs 156 to 27 paise to 156 and 15 paise.  Sales price declined from Rs 156 to 37 paise at Rs 156 to 25 paise.  The value of the dollar in the open currency market was reduced by 20 paise, whereby the dollar's purchase price dropped from Rs 156 to Rs 206 by Rs 156 and sales of Rs 156 from Rs 70 were reduced by Rs 156 to Rs 50.    In other currencies, the value of the euro remained steady at Rs 171.50 and the selling price at Rs 173 was 50 paise, while the value of the British pound declined by one rupee, reducing the price of British pounds from 192 rupees 50 paise to 191 rupees 50.  Sales of money and value decreased from Rs 194 to Rs 50 paise at Rs 193 from Rs 50 paise.  According to the Forex Associ

Dollar will be cheaper, Pakistan's foreign exchange reserves rise by $ 1 billion 27 million in two months.  Islamabad Dollar will be cheaper, Pakistan's foreign exchange reserves rise by $ 1 billion 27 million  Reached the dollar level.  According to details, foreign exchange reserves recorded an increase of $ 1 billion 27 million in the first two months of this fiscal year, according to data released by the State Bank.  Of which the central bank's reserves are $ 1.8 billion, up from $ 1.8 billion.  Economic analysts say the exchange  The reserves of the country are currently equal to two months of imports, while according to the standards of the global financial institutions, reserves of any country must be equal to imports of at least 3 months.  On the other hand, reserves of commercial banks have risen by $ 9 million in two months to reach $ 7.29 billion.  It should be noted that the increase in foreign exchange reserves was due to borrowings from the IMF and other fina