Rupee strengthens against dollar

The rupee strengthened against the US dollar at Rs153.88 in the inter-bank market


Our Correspondent April 29, 2021

KARACHI:

The rupee strengthened against the US dollar at Rs153.88 in the inter-bank market on Wednesday compared with Tuesday’s close of Rs154.5, according to the State Bank of Pakistan (SBP). Earlier, the SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with the International Monetary Fund (IMF) for a loan programme on May 12, 2019.

Published in The Express Tribune, April 29th, 2021.

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

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read