اردو
  • Rupee continues upward momentum against dollar

    Rupee continues upward momentum against dollar File Photo Rupee continues upward momentum against dollar

    Flying towards its ‘true value’, the Pakistani rupee continued to rise on Tuesday as it appreciated by Rs0.97 to Rs217 against the US dollar during early morning trading in the interbank market.

    The value of rupee appreciated for the twelfth day in a row as it improved from Monday’s closing value of Rs217.97 to Rs217 on Tuesday morning.

    The value of the US dollar started losing track against the rupee since September 23, 2022, after having reached a high of Rs239.74 and since then, the dollar has continued to go down significantly till date.

    Since Federal Finance Minister Ishaq Dar’s return, the rupee has gained around Rs22.73 against the greenback.