i NEWS PAKISTAN

US Dollar makes comeback against Pakistani RupeeBreaking

December 11, 2023

The value of the US Dollar against the Pakistani Rupee experienced a comeback on Monday morning, as its interbank exchange rate gained 18 paisas, taking the USD to PKR rate up to Rs284.05. On Friday, the American currency had closed the trading session at Rs283.87 in the interbank market. Last week, the rupee made good as it appreciated 0.38% or Rs1.10 to settle at Rs283.87 against the US dollar in the interbank market. Meanwhile, the Pakistan Stock Exchange PSX 100-index on Monday continued its bullish trend, reaching 66,516.85 with an increase of 293.22 points or 0.44%. The Friday close was 66,223 points, when the benchmark made history with an increase of record points.

Credit: Independent News Pakistan (INP)