Trade of Asia
The dollar has seen a little devaluation
The dollar declined by 5 paise in the interbank market, according to statistics supplied by the State Bank of Pakistan.
The dollar finished at 176 rupees, 63 paise in the interbank market on the second day of the current business week, a tiny fall of 05 paise.
Interbank closing #ExchangeRate for today: https://t.co/cUdFBymADi pic.twitter.com/JnRtbGxbt0
— SBP (@StateBank_Pak) January 11, 2022
The dollar was priced at Rs 176.68 on the interbank market at the conclusion of the previous business week.
Inflation is being caused by the growing value of the dollar in the country. Petroleum product prices are expected to rise by more than Rs 35 in 2021.