Pakistani Rupee bounces back strongly against US dollar in interbank market
KARACHI: Pakistani Rupee gained 45 paisas against the US Dollar on Friday, closing the session at a five-month high of Rs161.37 in the interbank market.
According to the State Bank of Pakistan (SBP), the rupee appreciated by Rs 0.45 against the US dollar in the inter-bank market as the local currency closed at Rs161.37.
The US dollar in the open market closed at Rs161.81.
Read More: US dollar sinks to three-month low against rupee link
On May 28, The dollar closed at Rs168.43 in the interbank market.