PKR gains Rs10.55 against US dollar in interbank after IMF nod
5-7-2023
The Pakistani rupee gained over Rs10 against the US dollar in the interbank market on Tuesday, in the first trading session after the country secured last-minute funding from the International Monetary Fund (IMF). According to the State Bank of Pakistan (SBP), the local currency closed at Rs275.44 per dollar, up 3.83 per cent. The rupee stood closed at 285.99 against the dollar on June 27. Markets were shut for the Eid holidays last week and a bank holiday on Monday.