Inter-Bank Market: Rupee strengthens against dollar

Published: January 31, 2019


KARACHI: The rupee strengthened against the dollar at Rs138.3/Rs138.8 in the inter-bank market on Wednesday compared with Tuesday’s close of Rs138.5/Rs139, according to

Last year in November, the rupee fell to an all-time low at Rs144 against the dollar in intra-day trading before recovering to Rs139.05 in the sixth round of devaluation since December 2017.

Cumulatively, the rupee has lost 31.8% of its value in the last 13 months.

Published in The Express Tribune, January 31st, 2019.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

Leave Your Reply Below

Your comments may appear in The Express Tribune paper. For this reason we encourage you to provide your city. The Express Tribune does not bear any responsibility for user comments.

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

More in Pakistan