US dollar bounces back against Pakistani Rupee

US dollar bounces back against Pakistani Rupee

The US dollar once again resumed its recovery trend against the Pakistanirupee and gained 65 paisas to reach Rs214 in interbank trading, reported24NewsHD TV channel.

The local currency was on its recovery path since IMF broke the deal withPakistan.

However, the US dollar in the afternoon interbank trading bounced back andgained Rs1.85 to reach Rs216.50 against the Pakistani rupee.

American currency closed at Rs216.66 after an increase of Rs2.01.

The last closing of the previous week was Rs214.65 which was 35 paisas lessthan Thursday’s closing which was Rs214.95.