Pakistani rupee snapped a three-day losing streak against the US dollar and strengthened by 25 paisas (+0.14 percent) on Friday.
The State Bank of Pakistan said in a statement that the dollar opened at Rs176.49 in the interbank market and closed at Rs176.24. The rupee witnessed a trading range of 25 paisas during the session, showing the intraday high bid of 176.45 and low offer of 176.20. Within the open market, the rupee was traded at 177.50/178.50 per dollar.
Overall Pakistan rupee shed 17 paisas against the US dollar during this week, while it has appreciated by 27 paisas during the current year 2022. —TLTP