Pakistani rupee registers gain against US dollar

Karachi: The Pakistani rupee registered gain against the US dollar in the interbank currency market on Friday.

According to the data shared by the State Bank of Pakistan (SBP), the domestic currency closed at Rs174.71 against the greenback, showing appreciation of 16 paisas over the previous close of Rs174.71.

Interbank closing #ExchangeRate for today: https://t.co/2DF0HWoJh0 pic.twitter.com/ER5fPJWT2N

— SBP (@StateBank_Pak) February 11, 2022

Earlier, the SBP said the foreign exchange reserves held by the central bank surged 10.23% during a week ending on February 4.

Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $23,720.9 million.