HomeBusinessPKR Gains Almost Rs3 Against the Dollar in the Interbank Market

PKR Gains Almost Rs3 Against the Dollar in the Interbank Market

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PKR Gains Almost Rs3 Against the Dollar in the Interbank Market
PKR Gains Almost Rs3 Against the Dollar in the Interbank Market

According to the Forex Association of Pakistan (FAP), the local currency was trading at Rs219 per dollar at the time after appreciating 1.31 percent.

The rupee’s recovery comes after the International Monetary Fund’s (IMF) Executive Board completed the combined 7th and 8th revisions of a loan line for Pakistan. Which allows for the immediate disbursement of $1.1 billion to the country, an official IMF announcement said.

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