Saturday, 20 April 2024
Rupee Value Against Dollar

Rupee Continues to weaken against dollar

The rupee continued to weaken against the US dollar at Rs155.78 in the inter-bank market on Tuesday compared with closing at Monday’s at Rs155.3, revealed by the State Bank of Pakistan (SBP).

Earlier, the SBP allowed the rupee to fall sharply in the interbank market. After finalizing an agreement with the International Monetary Fund (IMF) for a loan program on May 12, 2019.

The IMF has already asked from Pakistan to end state control of the rupee. IMF said let the currency move freely in the market. It will then find its equilibrium against the US dollar and other major world currencies based on the market forces.

Also, the World Bank, which finances on many projects in Pakistan. It has also proposed the idea to leave the rupee free from state control. It will much boost to exports and will help to fix a sick economy.

tax accounting services top tax consultants lahore pakistan

Rupee Rate | Dollar Rate | Rupee Value | Currency Rate | Foreign Currencies | Pakistan | World Bank | IMF |

See also  Latest Petrol Prices in Pakistan 1st October 2023
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"] - Your Tax Experts and Consultants

Welcome to

Providing Expert Tax Services for Individuals and Businesses

About Us

At, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: