LAHORE – In positive development, Pakistan Rupee rises further against theUS dollar.
After the good news on the economic front across the country, the US dollarbecame cheaper against the rupee in the open market.
According to details, positive news is coming from the country aftereconomic recession, global companies including Moody’s are reportingimprovement on the domestic economy, which is affecting the US dollar,including the stock market.
Today, the stock market has seen tremendous growth. The index reached10-month highs due to the boom, while the value of the shares has risenmore than Rs 110 billion.
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Similarly the US dollar in the open market became 20 paisa cheaper. The newvalue of the US currency has become 155 rupee and 40 paisa.
