The Pakistani rupee showed a slight improvement against the US dollar, appreciating by 0.07% in the inter-bank market during Wednesday’s opening trading hours.
By 10am, the rupee was trading at 278.73, marking a gain of Re0.2 against the greenback.
The State Bank of Pakistan (SBP) reported that the rupee closed at 278.93 on Tuesday.
The rupee appreciated by 0.08% against the US dollar in the interbank market during the opening hours of trading on January 8.
Asia-Pacific markets rose on Wednesday (today), driven by technology stocks and improved investor sentiment following positive trends on Wall Street.
Finance Minister Muhammad Aurangzeb signaled potential tax reforms aimed at easing the burden on the country’s salaried class on January 28.
