Federal Finance Minister Ishaq Dar gave the good news of transfer of two billion dollar loan from Saudi Arabia to Pakistan some time ago, at the same time the increasing price of dollar in the interbank market went into reverse gear.
According to the details, when the business started in the interbank market, the price of the dollar increased by 70 paise and the dollar reached a high level of 281.50 rupees, but as soon as the federal minister announced the transfer of 2 billion dollars to the State Bank, the dollar Started the return journey. By this time, the dollar has come down to 278.35 rupees after being cheaper by 1.45 rupees.
On the other hand, there has been an increase in the stock market, when the trading of shares started in the morning, the 100 index was at 44 thousand 585 points, which increased by 481 points in a short time and the index has reached 45 thousand 66 points.
