Home Business Rupee keeps up modest upward trend against US dollar

Rupee keeps up modest upward trend against US dollar

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KARACHI, Sep 1(ABC): The Pakistani rupee continued to strengthen against the dollar in the interbank on Thursday despite the flood emergency triggering economic and humanitarian losess in the country.

The dollar shed Rs1.5 and was trading at Rs217.25 in the interbank market during intraday trade as of 10:10am.

The unit has lost Rs4.67 during the last three sessions since the International Monetary Fund bailed Pakistan out from the risk of slipping into default.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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