{"id":1423,"date":"2023-09-07T13:27:05","date_gmt":"2023-09-07T13:27:05","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/usd-open-market-rate-drops-below-interbank-rate-forex-body\/"},"modified":"2023-09-07T13:27:05","modified_gmt":"2023-09-07T13:27:05","slug":"usd-open-market-rate-drops-below-interbank-rate-forex-body","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/usd-open-market-rate-drops-below-interbank-rate-forex-body\/","title":{"rendered":"USD open market rate drops below interbank rate: Forex body"},"content":{"rendered":"<div data-td-block-uid=\"tdi_98\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p><strong>KARACHI: The exchange companies have deposited 20 million US dollar (USD) in the State Bank in two days, President Forex Association has stated on Thursday.<\/strong><\/p>\n<p>\u201cThe dollar\u2019s open market rate has dropped below the interbank rate after a year,\u201d Malik Bostan has said.<\/p>\n<p>\u201cThe dollars\u2019 buyers were scarce in the currency market today,\u201d he said.<\/p>\n<p>\u201cThe credit goes to the Army Chief,\u201d Bostan said. \u201cThe task forces has been formed on our advice,\u201d he further stated.<\/p>\n<p>\u201cSeveral agents of the black mafia have been arrested in crackdown of the task force,\u201d he said. \u201cSeveral others have gone underground into hiding,\u201d Bostan said.<\/p>\n<p>\u201cThe task force\u2019s operation has restored supply of the exchange companies,\u201d Forex Association official said.<\/p>\n<p>The USD exchange rate in the open market today dropped between 302 to 305 rupees, Malik Bostan said. \u201cThere were scarce buyers despite drastic rate plunge of the greenback,\u201d he added.<\/p>\n<p>Pakistani rupee (PKR) has made impressive recovery against the US dollar (USD) in the open market in three days, earlier currency dealers said. \u201cThe banks selling the dollar to importers at Rs 305.70,\u201d dealers said.<\/p>\n<p>President Forex Association of Pakistan said that the US dollar has entered in the reverse gear mode and will come down to Rs 300.<\/p>\n<\/div>\n<\/div>\n<p><script type=\"rocketlazyloadscript\">\n  window.fbAsyncInit = function() {\n    FB.init({\n      appId      : '161345524510473',\n      cookie     : true,\n      xfbml      : true,\n      version    : 'v3.0'\n    });\n    FB.AppEvents.logPageView();   \n  };\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The exchange companies have deposited 20 million US dollar (USD) in the State Bank in two days, President Forex Association has stated on Thursday. \u201cThe dollar\u2019s open market rate has dropped below the interbank rate after a year,\u201d Malik Bostan has said. \u201cThe dollars\u2019 buyers were scarce in the currency market today,\u201d he said. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/arynews.tv\/wp-content\/uploads\/2023\/06\/Dollar-3.jpg","fifu_image_alt":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-1423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/1423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=1423"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/1423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/1424"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=1423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=1423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=1423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}