Rupee fights off US dollar demons to gain another Rs2.49

Karachi (HRNW) Following the reappointment of the former finance minister Ishaq Dar, the Pakistani rupee continued to show signs of improvement for a fourth consecutive day, gaining an additional Rs2.49 against the US dollar in interbank trading on Thursday.

According to data released by the State Bank of Pakistan (SBP), the rupee appreciated by 1.08% on Thursday.

The rupee gained around Rs2.49 on Thursday as the exchange rate fell to Rs229.63.

Since Dar’s return on Monday, the rupee has strengthened by Rs7.39.