The US dollar has continued its trend of depreciation against the Pakistani rupee in the foreign exchange market.
Currency dealers reported a decline of seven paisas at the start of interbank trading, with the dollar dropping to Rs278.10 from Rs278.17.
Meanwhile, the stock market experienced significant volatility but entered the positive zone after a recovery. The KSE-100 index surged by 1,300 points, regaining momentum and reaching 116,000 points.
Analysts suggest that the fluctuations in both the currency and stock markets reflect the ongoing market adjustments and economic uncertainties.
