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Saturday, November 23, 2024

Home Business Pakistani rupee continues recovery against US dollar amid positive economic cues

Pakistani rupee continues recovery against US dollar amid positive economic cues

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KARACHI – Pakistani rupee continued its upward trajectory against the US dollar in interbank market, with the rise being attributed to the IMF agreement and inflows from friendly nations.

Data shared by the central bank revealed that the rupee moved up for fifth day in a row against the greenback and it appreciated 0.15pc on Monday.

During intra-banking trade, the rupee soared to 284 and settled at 284.53, with an increase of Rs0.44.