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Markets Print edition: 2023-08-19

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (August 18, 2023). ======================== Open Bid Rs...
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KARACHI: Interbank closing rates for dollar on Friday (August 18, 2023).

========================
Open Bid       Rs 295.70
Open Offer     Rs 295.90
========================

Copyright Business Recorder, 2023

Dollar's rate Interbank closing rates for dollar

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Awami Aug 20, 2023 07:50am
Let us hope a psychological barrier of 300 Rs= 1 Dollar is never crossed. Generally in everybody has feeling what is high and is 300. If that is crossed then barrier will become 330. It is like bad dream. State bank should make all efforts so it does not cross 300.
0
Imran Sheikh Aug 20, 2023 09:12am
The Bloomberg forecast is 340-350 by 2024. Any reason why not?
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Z. D. Sheikh Aug 20, 2023 10:43am
The general feeling in Pakistan public is that the increase they see in Pak rupee against USD is just a number. The increase in energy price is real increase. Wow.... What a smart nation it is.
0
Usman Aug 20, 2023 12:00pm
Great for those who are out of Pakistan and supporting families back home. It's time to go solar.On monthly basis start installing panels or you will suffer in the mid of 2024.Time is there sell your cars and get solar as electricity will be supper expensive.
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