Rupee Continues to Strengthen Against US Dollar

The Pakistani rupee continued its recovery against the US Dollar in the interbank market today as it regained Rs. 1.32 against the greenback during the current week.

According to Capital Stake, the local currency has recovered Rs. 3.21 against the US Dollar in October. This is an improvement of Rs. 5.94/US$ from its 52 weeks low of Rs. 168.4353/US$.

The interbank market saw the rupee climb to 162.49 versus the greenback today. It gained 36 paisas during the session, whereas it had closed at 162.86 on Thursday.

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