Rupee recovers Rs3.31 against dollar in interbank
ISLAMABAD: The Pakistani currency recovered Rs3.31 in a single day on Friday against dollar in the interbank after approval of $1.386 billion additional loan by the International Monetary Fund (IMF) for Pakistan and the G-20 group countries’ announcement for providing debt relief in response to COVID-19.
However, according to Forex Association of Pakistan, the buying and selling rates of Dollar in open market were recorded at Rs165.5 and Rs167.5 respectively. The State Bank of Pakistan reported that in interbank, the price of Euro depreciated by Rs 4.28 to close at 177.21 against the last day's trading of Rs 181.49. - APP