The PKR continued to improve against the US dollar in the interbank market on Tuesday, extending its gains for the 19th consecutive session that followed a crackdown on the informal currency market that began early last month.
According to the Forex Association of Pakistan, the rupee gained Rs1.06 against the US dollar, reaching Rs285.70 at 9:48 am from yesterday’s close of Rs286.76.
In the open market, the dollar depreciated by 50 paise, standing at Rs286 in the morning trade, according to the Exchange Companies Association of Pakistan.
