dollar vs rupee

Dollar-to-rupee trading at a rate of Rs 207.23, or Rs 4.7 less than the previous day’s closing rate, helped the interbank dollar rate to rise significantly today.

After a substantial depletion in foreign currency reserves, it appears that the central bank intends to restrict imports to conserve money.

The value of the Pakistani rupee fell against the US dollar, reaching a high of Rs208. At 12:25 p.m. on Thursday, the rupee has been trading at Rs208.25 versus the …

The rupee lost one rupee and fifteen paisas versus the dollar on Tuesday, hitting a record low of Rs205 in the interbank market as concerns over the IMF rescue plan …

This appreciation of rupee value is attributed to the government’s decision to raise petrol prices which has taken the cash-strapped economy one step closer to IMF’s deal.