Rupee strengthens, dollar becomes cheaper in interbank market
Business
The Pakistani rupee strengthened marginally as the US dollar dropped by one paisa in the interbank market, closing at Rs279.95.
KARACHI (Dunya News) – The Pakistani rupee showed signs of improvement today as the US dollar weakened slightly in the interbank market.
On the last trading day of the week, the dollar fell by one paisa, closing at Rs279.95 against the rupee. Yesterday, the dollar had ended at Rs279.96.
Market analysts said the marginal drop reflects continued efforts to stabilize the currency and boost investor confidence, giving the rupee a small but welcome relief.
