Pakistani Rupee bounces back strongly against US dollar in interbank market

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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.