Table of Contents

Rupee Posts Big Loss Against US Dollar Second Day in A Wow

The Pakistani Rupee (PKR) opened for trading yesterday with a drop against the US Dollar after a week-long halt in trading due to the Eid holiday. On the second day of the week, this loss worsened with further erosion of the PKR against the greenback.

Read More: Ramadan 2023 – Ramadan Kareem in Pakistan 2023

PKR fell 29 paisa against USD, closing at R. USD on Monday (May 17).

Dealers said the local unit was under pressure mainly due to increased USD demand from importers and businesses, as trading resumed after the week-long Eid holiday.

Financial markets remain closed from 10 to 16 May 2021 due to the Eid holiday. PKR hit a nearly two-year high against the greenback on May 7, 2021 – the last trading day in the interbank currency market before the week-long government-announced holiday.

Read More: Millions of Websites Are in Danger Due to This WordPress Exploit

PKR also recorded a loss of nearly 8 paisa against the United Arab Emirates Dirham (AED) and the Saudi Riyal (SAR) in the interbank market today.  

Please check out the Al Sadat Marketing website to find out what’s going on.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts


Leave a Reply

Your email address will not be published. Required fields are marked *