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Pakistani rupee whips US dollar in interbank exchanging

The Pakistan rupee returned as the US dollar diminished Rs1.75 to arrive at PKR. 182.93 toward the beginning of the interbank market on the very first day of the week, revealed a private TV channel.

Pakistani rupee whips US dollar in interbank exchanging
The previous close of the US dollar against the Pakistani rupee was 184.68 rupees. Now, the US dollar has fallen below Rs 183 as the Pakistani rupee appreciated in interbank trading on Monday. 

Experts had earlier predicted that the Pakistani rupee unit would remain stable at 183 against the dollar this week in view of rising interest rates and reduction in SBP imports and measures to ease inflationary pressures is expected. 

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