Big decline in the value of the dollar last business week

On the last day of the business week, the dollar has depreciated by 28 paise in interbank.

According to the State Bank of Pakistan, the interbank dollar closed at 278 rupees 16 paise. On the other hand, the foreign exchange reserves of the State Bank have increased by 3 million dollars.

State Bank has reduced the interest rate by 2%, welcomed by the Prime Minister

It has been stated in the ongoing declaration that the reserves of the State Bank have reached 9 billion 46 billion 66 million dollars.

Total foreign exchange reserves have been recorded at 14 billion 79 crore 61 million dollars. Commercial banks have reserves of 5 billion 32 crore 95 million dollars.