Times of Islamabad

Pakistani Rupee stabilised against the US dollar in the open market

Pakistani Rupee stabilised against the US dollar in the open market

KARACHI: Pakistani Rupee stabilised against the US dollar in the openmarket.

The US dollar appreciated by one paisa against the Pakistani rupee in theinter-bank market on Monday.

According to forex dealers, the greenback settled at 154.21 against thelocal unit as compared to previous week’s closing of 154.20.

Meanwhile, the dollar remained stable against the rupee at 154.40 in theopen market.

Earlier today, acting Federal Board of Revenue (FBR) Chairman NausheenJaved Amjad said that it seems difficult to achieve tax revenue targets setby the incumbent government due to the current growth rate and economicprogress.

She said this while talking to media after administering an oath to over 30female assistant collectors during a passing out parade at the CustomsHouse in Karachi.