The Pakistani Rupee continued to appreciate by 0.06% against the US Dollar, as it increased in value by 17 paisas in the interbank market at the end of trade.
On Wednesday, the mighty American currency closed trading at Rs281.72 after losing a further 17 paisas in the interbank market.
Interbank closing #ExchangeRate for today https://t.co/bfEofcHWXE#SBPExchangeRate pic.twitter.com/xeNHWN25ys
— SBP (@StateBank_Pak) January 3, 2024
On Tuesday, the Rupee had registered a nominal fall, and closed trade for the day at Rs281.89 against the US Dollar.
Interbank closing #ExchangeRate for today https://t.co/MrAy4prZ7J#SBPExchangeRate pic.twitter.com/l8yDqumNH5
— SBP (@StateBank_Pak) January 2, 2024
In the global market, the American currency rose broadly on Wednesday and stood near a two-week high against other major currencies, underpinned by a confluence of factors, including elevated US Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street.
