The Pakistani Rupee ends 2023 with a 13th consecutive gain against the US Dollar. Check today’s exchange rate here.
Proceeding with its positive direction against the US dollar, the Pakistani rupee expanded its dash of appreciation for the 13th continuous meeting, recording a slight 0.02% increase in the inter-bank market on the last exchanging day of 2023.
As per the State Bank of Pakistan, the rupee shut down at 281.86 against the US dollar, demonstrating a Rs0.07 increment contrasted with the past rate in the inter-bank market.
Closing the year at 281.86 against the US dollar, the Pakistani rupee encountered a 19.7% devaluation from its initial worth of 226.43 in the inter-bank market for 2023, highlighting a huge decrease in its worth over time.
In the preceding Thursday’s exchange meeting, the Pakistani rupee displayed a humble increase, finishing up at 281.93 against the US dollar in the inter-bank market, reflecting a marginal improvement in its worth during that specific trading session.
