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Thursday, November 28, 2024

Home Business Rupee appreciation continues

Rupee appreciation continues

by News desk
September 1, 2020
in Business

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Observer Report

Karachi

The Pakistani rupee appreciated by Rs0.50 paisa against the US dollar in the intraday trading on Monday, ARY News reported. According to forex dealers, the greenback currently trading at Rs166.60 against the domestic currency at the interbank foreign exchange market. Meanwhile, the dollar was set for a fourth straight month of losses on Monday after a US Federal Reserve policy shift on inflation, while the euro was poised to post a fourth month of gains, taking both currencies to levels last seen in 2018.