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.  

Interbank closing #ExchangeRatefor todayhttps://t.co/isqKMEXBuv#sbpexchangerate pic.twitter.com/2YDCVKzZUx

— SBP (@StateBank_Pak) May 8, 2024