KARACHI: (HRNW) The rupee continued upward movement against the dollar for the fifth consecutive trading session on Tuesday, dealers said.
The exchange rate ended with a gain of 75 paisas to Rs170.54 against the dollar from the previous day’s closing of Rs171.29 in the interbank foreign exchange market.
The local currency is recovering after the announcement of Saudi Arabia to support Pakistan for the balance of payments. The rupee hit the historic low of Rs175.27 on October 26, 2021.
The rupee gained Rs3.73, or 2.69 per cent, against the greenback since making the historic low on October 26, 2021.
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