Pakistani rupee strengthens, dollar eases in interbank market
Business
The Pakistani rupee strengthened slightly as the US dollar eased by 3 paisa in the interbank market, closing at PKR 280.22, offering minor relief to traders and importers.
KARACHI (Dunya News) – The Pakistani rupee gained strength against the US dollar on Monday, as the interbank market recorded a slight decline in the greenback.
The US dollar fell by 3 paisa, closing at PKR 280.22 in interbank trading.
Yesterday, the dollar had closed at PKR 280.25.
Traders noted that this minor easing reflects a stable start to the business week and a positive trend for the local currency.
While the change is small, it provides a breath of fresh air for businesses and importers who have been keeping a close eye on the exchange rate.
