Dollar gains value against PKR

Karachi: The US dollar has appreciated against Pakistani rupee in the interbank on Wednesday (today).

During the interbank business today, the dollar has become expensive by Rs1.30 to settle at Rs274.74.

On the other hand, a positive trend has been observed in Pakistan Stock Exchange (PSX) as more 200 points increased in hundred index.

Earlier on Tuesday the value of American currency had drastically fallen against Pakistani rupee to settle at Rs273.44 following the deal with International Monetary Fund (IMF). While in open market it has fallen by Rs5 to settle at Rs280.