Abb Takk News
Abbtakk PakistanBusinessMOST POPULARNews TickerPakistanTop NewsTRENDING

Rupee Continues Strengthening Against Dollar On Start Of New Week

Karachi: Pakistani rupee appreciation continued on the start of the third week as it gained another Rs1.95 today in inter-bank market.

According to data released by the State Bank of Pakistan, the rupee appreciated by 0.89% in the interbank market.

It gained Rs1.95 as it improved from Friday’s closing value of Rs219.92 to Rs217.97 at the close.

On the other hand, dollar reduced by Rs 2 in the open market today and it was closed at Rs 220.

The value of the US dollar started losing pace against the rupee since September 23, 2022, after having reached a high of Rs239.74.

Since Federal Finance Minister Ishaq Dar’s return, the rupee has gained around Rs21.76 against the greenback.