Pakistani Rupee (PKR) on Thursday continued its winning streak in interbank and open market against the US Dollar.
Reinforced via the declaration of IMF’s Resident regarding the finishing touch of all previous moves for loan evaluate and stepped forward macros, the Pakistani Rupee (PKR) maintains to gain ground inside the interbank market and American Dollar lost Rs3.79 in the interbank against the rupee and being traded round Rs225.
A day earlier, the rupee made a strong recovery in the interbank market on Wednesday, rising by Rs9.59 against the dollar — its highest single-day gain ever.
A day earlier, the Pak Rupee made a strong recovery in the interbank market on Wednesday, rising by Rs9.59 against the US Dollar — its highest single-day gain ever.
A day earlier, the International Monetary Fund (IMF) on Tuesday confirmed that Pakistan has achieved all the set targets for the revival of the Extended Fund Facility (EFF) program.
The Pak Rupee has recovered for a fourth consecutive session of the current week after weeks of persistent declines in its value which has been largely attributed to the ease in import payments.