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Rupee shows progress; up by Rs1.25 against dollar

News Desk by News Desk
June 29, 2022
in Business, Featured, Latest News, National, Top News
Reading Time: 1 min read
Dollar rises to Rs181.15 in interbank market
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KARACHI: With Pakistan’s foreign reserves getting a much-needed boost, the rupee’s performance against the US dollar has also improved. According to the Forex Association of Pakistan, the rupee gained Rs1.25 in value against the dollar on Wednesday.

Dollar is now being traded at Rs204.75 in the interbank market. It had closed at Rs206 yesterday.

Meanwhile, the International Monetary Funds has asked Pakistan to ‘do more’ to secure the combined tranche of $1.85 billion dollars for the seventh and eighth review.

News Desk

News Desk

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