Rupee recovers losses against US dollar: KARACHI: The Pakistani rupee valued 17 paisas against the USA (United States) buck on the last day of week’s trading in the interbank currency market on Friday.
According to the State Bank of Pakistan (SBP), the local currency shut at Rs153.45 against the cash, signing up recognition of 17 paisas (0.11%) over the previous close of Rs153.45.
In the open market, nevertheless, the rupee climbed 10 paisas to Rs153.90 from Rs154 versus the buck.
On April 28, the rupee had actually appreciated to 152.95 versus the buck, striking a 22-month high.
The rupee has recovered greater than Rs15 during the last seven months considering that it touched a lowest level of Rs168.43 in 2015 in August.