PKR continues its winning streak against dollar

 KARACHI – The PKR achieved a significant recovery versus the US dollar in the interbank market on Monday, continuing its trend of stabilization on the first working day of the week.

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Details indicate that the local currency increased by Rs1.96 versus the US dollar and ended the day at Rs217.96. The rupee had a Friday closing value of Rs219.92, according to data from Pakistan’s central bank.

The rupee has regained a total of Rs21.98 from its record high of Rs239.94 thanks to the most recent gains.

Bull also made a comeback on the Pakistan Stock Exchange (PSX), where intraday trading saw the benchmark KSE-100 index increase by more than 300 points.

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