Business

Pak rupee slightly appreciates against dollar

The local currency bounces back to weaken the greenback

GNN Web Desk
Published 7 months ago on May 8th 2024, 6:51 pm
By Web Desk
Pak rupee slightly appreciates against dollar

Karachi: The Pakistani rupee slightly appreciated against the US dollar in the interbank trading on Wednesday. The local currency jumped in value by 0.01% to settle at Rs278.10, the State Bank of Pakistan (SBP) said.

The minor increase in the rupee follows Tuesday's closure at 278.12, reflecting a gain of Re0.12. The local currency's strength could be seen in the wake of improved economic indicators.