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Pak rupee appreciation against US dollar continues as it gains Rs 2.50 in O-M

ISLAMABAD: Pakistan rupee appreciation against the US dollar continued on Friday in the open market as it gained Rs 2.50 after which it closed at Rs 281. 50.

On the other hand Pakistani Rupee witnessed the 22nd consecutive recovery session as it gained 94 paisa against the US dollar in the interbank trading and closed at Rs 282.68.

The previous day’s the greenback was closed at Rs 283.62 in inter-bank market.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 280 and Rs 282.75 respectively.