Rupee reaches its 1-year high

KARACHI: Rupee recorded the highest value of 156.72 in the interbank market against the dollar ending at one year high.

invest with imarat

Islamabad’s emerging city centre

Learn More

As per the details, the appreciation of the Rupee at this value in the interbank market is recorded since March 2020. The appreciation in the value of the rupee is attributed to the low demand of money for import payments while the inflows maintaining the momentum.

Similarly, factors like recorded inflow of remittances, increased foreign exchange reserves, and improved hot money inflows also resulted in the increase of the value of the rupee.

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Baghbanpura Bazar: A Historic Market in Lahore

Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…

4 hours ago

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

1 day ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

3 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

3 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

3 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

4 days ago