{"id":274477,"date":"2022-07-30T10:57:11","date_gmt":"2022-07-30T05:57:11","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=274477"},"modified":"2022-07-30T10:57:11","modified_gmt":"2022-07-30T05:57:11","slug":"pkrs-value-observes-historic-downfall-as-usd-traded-at-250-in-open-market","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pkrs-value-observes-historic-downfall-as-usd-traded-at-250-in-open-market\/","title":{"rendered":"PKR\u2019s value observes historic downfall as USD traded at 250 in open market"},"content":{"rendered":"<p>ISLAMABAD: Pakistani Rupee\u2019s historic freefall continued Friday as it was being traded at 250 against the US Dollar, according to data shared by the Forex Association of Pakistan (FAP). However, according to the data shared by State Bank of Pakistan (SBP), the final standing of rupee against dollar at open market was observed at 239.37 on Friday. However, the FAP handout showed the rupee closed at 240 in the interbank market, DAWN reported. Saad Bin Naseer, director of a web-based financial data and analytics portal Mettis Global , said Friday that panic had reigned in the curb market for the last two to three days because of which the common man was converting his rupees to dollars. ONLINE<br \/>\n\u201cMoney changers are taking advantage of it. Panic is being created, the dollar is being kept at an elevated rate and profit is being made in dollars through trading,\u201d Saad was quoted as saying by DAWN.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistani Rupee\u2019s historic freefall continued Friday as it was being traded at 250 against the US Dollar, according to data shared by the Forex Association of Pakistan (FAP). However, according to the data shared by State Bank of Pakistan (SBP), the final standing of rupee against dollar at open market was observed at 239.37 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-274477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PKR\u2019s value observes historic downfall as USD traded at 250 in open market<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pkrs-value-observes-historic-downfall-as-usd-traded-at-250-in-open-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PKR\u2019s value observes historic downfall as USD traded at 250 in open market\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: Pakistani Rupee\u2019s historic freefall continued Friday as it was being traded at 250 against the US Dollar, according to data shared by the Forex Association of Pakistan (FAP). 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