KARACHI: Pakistani Rupee registered another Rise against the US dollar inthe open market.
The Pakistani rupee registered a 20 paisa appreciation in its value againstthe US dollar in the open market in early trade on Friday.
According to foreign currency dealers, the local unit appreciated by 20paisa to 154.60 against the greenback as compared to yesterday’s closing of154.80.
A day earlier, the rupee had risen by eight paisa to settle at 154.47against the US dollar in the interbank marketlink.
The State Bank of Pakistan (SBP) in a statement on Jan 30 said its netforeign reserves increased by $184 million to $11.9 billion during the weekending January 24.
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According to data, the total liquid foreign reserves held by the countrystood at $18,362.7 million on 24th of this month.
Foreign reserves held by the State Bank of Pakistan stood at $11,915.2million while those held by commercial banks at $6,447.5 million.
