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Reading: Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak
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PhotoNews Pakistan > Business > Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak
Business

Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak

Web Desk
By Web Desk Published August 3, 2023 1 Min Read
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The Pakistani Rupee rebounded against the US dollar on Thursday, breaking its three-session losing streak, per the State Bank of Pakistan (SBP).

According to the central bank, the local currency advanced by Rs2.18, closing at Rs287.20 against the US dollar.

Forex dealers reported that the Pakistani rupee is trading at Rs291 in the open market. On the previous Wednesday, the rupee had closed at Rs289.38 per dollar in the interbank market, experiencing a fall from Rs287.54 the day before.

Interbank closing #ExchangeRate for today https://t.co/e9M6aIzWPj#SBPExchangeRate pic.twitter.com/hpFQKlN3E9

— SBP (@StateBank_Pak) August 3, 2023
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