Rupee’s upward march against US dollar tempers

Karachi (HRNW) A day after making gains of almost Rs10, the rupee’s strong gains against the US dollar tempered on Thursday, gaining Rs2.65 against the greenback on Thursday.

According to data issued by the State Bank of Pakistan (SBP) on Thursday, the rupee closed out the trading day on Thursday at a value of Rs226.15.

It was up just 1.17% from Rs228.80, the level it closed at on Wednesday.

The rupee has recovered around Rs13.79 in value against the US dollar since late last week when it started to make strong gains.

 

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