KARACHI: The United States (US) dollar registered a marginal gain of 22 paisa at 162.20 against the Pakistani rupee at the start of day’s trading on Friday.
According to forex dealers, the greenback is trading at 162.20 against the local unit.
The US dollar has seen cumulative gains of Rs1.28 during the previous two trading sessions.
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On May 28, the State Bank of Pakistan (SBP) recorded $55 million decrease in its liquid foreign reserves.
According to the central bank’s weekly report, the total foreign reserves held by the country stood at $ 18,597.9 million. The net reserves held by commercial banks stood at $6,524 million.
SBP reserves decreased by $55 million to 12,073 million due to external debt repayments, read the report.
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