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HomeLatest NewsEconomyIn the Interbank Market, PKR Gained 0.39% Against the Dollar

In the Interbank Market, PKR Gained 0.39% Against the Dollar

The Pakistani rupee gained 0.39% in the interbank, against US dollar.

According to the State Bank of Pakistan (SBP), the currency increased by Rs1.09 to conclude at 277.48 at the close.

The Pakistani rupee made a comeback on Tuesday, rising 0.44% to end the day at 278.57 in the interbank market.

On Wednesday, July 12, the Executive Board of the International Monetary Fund is also scheduled to talk over Pakistan’s $3 billion SBA for a nine-month term.

According to the calendar accessible on the IMF website, the next Executive Board meetings are scheduled for July 12, 13, 17, 19, and 20, 2023; however, Pakistan was not on the agenda when this report was submitted.

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