KARACHI: The Pakistani rupee on Tuesday gained massively in the interbank market during the intraday trade.
The local currency closed at Rs275.44 against the greenback, gaining Rs10.5 or 3.83% in the interbank market. It closed at 285.99 on June 27 — the last trading session before the Eid holidays.
In the open market, the US dollar also declined by Rs 10 at the end of the day by standing at Rs280.
The country on Friday secured a $3 billion short-term financial package from the IMF, giving the economy some much-awaited respite as it teeters on the brink of default.
