Rupee continues to strengthen against US dollar: KARACHI: The Pakistani rupee reinforced by 15 paisas (0.10%) against the United States (US) buck in the interbank money market on Wednesday.
According to the State Financial Institution of Pakistan (SBP), the neighborhood system shut at Rs153.18 against the greenback as contrasted to yesterday’s closing rate of Rs153.33.
Last week, the rupee reached Rs152.25 against the United States buck, striking a 21-month high.
The neighborhood unit has actually gotten significant ground on the back of enhanced forex gets, current account excess, international lending receipts, greater remittances besides less need of buck due to the recurring pandemic.
The rupee has recuperated more than Rs14 during the last 7 months since it touched an all-time low of Rs168.43 in 2014 in August.