Rupee maintains its downward trend and decreases by Rs3.05 in interbank Published by Talqeen Zubairi on September 9, 2022 and last updated 44 minutes ago 0 AUDIO FOR ARTICLE 1x 1.2x 1.5x The rupee, which has been falling against the dollar for almost a week, lost Rs3.05 during Friday's early interbank trade. Data provided by the Forex Association of Pakistan (FAP) showed that on 10:56am, the PKR was going to trade at Rs228.5 per dollar, bottom 1.35 percent from yesterday's close. Shahid bin Naseer, director of zettis Global, said that the system was under pressure due to payment transactions and a demand-and-supply gap, and that quarter-end payments would keep putting strain on the system. This week, some oil payments were made. Moreover, the variation in [rates] between Due to enormous widening of both the interbank and open markets, bankers raised the dollar rates. The State Bank of Pakistan (SBP) also must raise the rates of Roshan Digital Account (RDA) to attract dollar in
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