No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
No Result
View All Result
No Result
View All Result

Dollar gains Rs.1.3, closes day on Rs.172

News Desk by News Desk
November 9, 2021
in Business, National
Reading Time: 1 min read
Dollar
Share on FacebookShare on Twitter

KARACHI: After closing at Rs.170.7 on Monday, Dollar gained Rs.1.3 value against rupee at the interbank market. The greenback closed the day at Rs.172.

Rupee had witnessed a steady decline since May earlier this year but gained value of late amidst news of IMF extending the $6 billion loan facility and Saudi Arabia announcing the $3bn support package. A news outlet had reported here on Tuesday that the PM had ‘dropped’ the plan to seek IMF chief’s help on the $6bn deal.

However, Finance Minister Shaukat Tarin took to Twitter and said that the report was ‘completely flawed and baseless’.

The news ‘PM drops plan to seek IMF chief’s help” is completely flawed and baseless. Such proposal was never under consideration. The media reporters in the ‘Kamyab Jawan’asked about PM call to IMF chief. My reply was that negotiations are in advance stage and no need for call

— Shaukat Tarin (@shaukat_tarin) November 9, 2021

Hitting an all-time high last month, Dollar’s value continues to surge as rupee struggles amidst high inflation.

News Desk

News Desk

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

George Bush inadvertently admits that invasion of Iraq was ‘unjustified and brutal’
Latest News

George Bush inadvertently admits that invasion of Iraq was ‘unjustified and brutal’

by News Desk
May 19, 2022
Dollar Rupee
Business

Dollar scores double century in interbank market

by News Desk
May 19, 2022
Trade Deficit
Business

Economic size of Pakistan grew to $383 billion in last year of PTI government

by News Desk
May 19, 2022
IMF-Pak
Business

Talks between Pakistan and IMF begin in Qatar

by News Desk
May 18, 2022
CM Sindh removes Mushtaq Mahar as Inspector General of Police
Latest News

CM Sindh removes Mushtaq Mahar as Inspector General of Police

by News Desk
May 18, 2022

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories

Copyright © 2022 The Upcut. All rights reserved.