Pakistani rupee gains value against US dollar
Globally, dollar falls from two-month highs hit overnight versus its major peers
Globally, dollar falls from two-month highs hit overnight versus its major peers
Value of US dollar comes down to Rs277.60 in interbank market
US dollar dropped by 25 paisas, moving from Rs278.44 to Rs278.20
American currency reaches Rs278.60 in interbank market
By 10am, American currency was trading at Rs277.97 in interbank market
Local currency hovered at Rs278.30 after gaining 8 paisas against greenback
American currency increases by 9 paisas, reaches Rs278.60 in interbank market
IMF estimates rupee will lose 18% of value by June next year, potentially dropping to Rs329
Simultaneous decrease in dollar value, upward trajectory of stock exchange indicate positive outlook for financial sector