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Rupee gains 43 paisa against the US dollar

Rupee gains 43 paisa against the US dollar

Business

Rupee gains 43 paisa against the US dollar

KARACHI (Dunya News) – Pakistan’s rupee on Monday registered a marginal improvement of 0.20% against the US dollar in the inter-bank.

According to State Bank of Pakistan (SBP), the rupee closed at 220.41 after appreciating 43 paisa.

On Friday, Pakistan’s rupee finally ended its seven-session depreciation run against the US dollar, and closed at 220.84 after appreciating Re0.11.

However, on a weekly basis, the currency depreciated by 1.1% or Rs2.41 against the US dollar, driven by uncertainties regarding foreign commitments.