PKR further strengthens against dollar in interbank

PKR further strengthens against dollar in interbank

Business

The Pakistani rupee continued to strengthen against the dollar in the interbank.

KARACHI (Dunya News) - The Pakistani rupee continued to strengthen against the dollar in the interbank on Thursday.

The local currency was being traded at Rs217.25 per dollar after appreciating 0.68 per cent by 9:49am, according to data shared by the Forex Association of Pakistan (FAP). However, by the day’s end, the PKR shed most of its gains and closed at Rs218.6 per dollar, up 0.07pc.

The greenback has lost Rs4.67 during the last three sessions since the International Monetary Fund bailed Pakistan out from the risk of slipping into default.




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