Pakistani rupee showed strength against the US dollar on Tuesday and recovered 5 paisa (+0.03 percent).The State Bank of Pakistan said that the dollar opened at Rs176.68 in the interbank market and closed at Rs176.63.
The rupee witnessed a range of 25 paisas during the session, showing the intraday high bid of 176.80 and low offer of 176.55.
Within the open market, the rupee was traded at 178.50/179.50 per dollar. The dollar suffered globally as the benchmark 10-year US Treasury bond yield erased its daily gains after failing to break above 1.8 percent on Monday. .—TLTP
