Rupee continues winning streak against dollar
Admin
The Pakistani rupee continued to gain ground against the dollar Thursday, the 10th consecutive session and appreciated by 2.19 in the interbank market at the start of the intraday trade.
The greenback was being traded at Rs221.75 after losing 2.19 as the market opened today. It closed at 223.94 per dollar a day prior.
The market observers are of the view that the dollar declined on hopes of inflows, upbeat trade data, and bets that the new foreign minister would be able to tame the US currency effectively.