Pakistan rupee surges against US dollar in interbank market
Caption: Representational image.
The Pakistani rupee on Friday maintained its upward momentum against the US dollar as it appreciated by 32 paisas during the opening hours of trading in the interbank market, reported 24NewsHD TV channel.
At 11.30 am, the Pakistani currency was hovering at Rs281.90, a gain of 32 paisas.
On Wednesday, the local currency had closed at Rs282.22.
The interbank was closed on Thursday on account of the 14th August holiday.
The local currency has maintained a positive trajectory against the greenback in recent days on account of improved sentiment in the currency market amid an ongoing crackdown by law enforcement agencies against illegal currency dealers and smugglers.
Reporter Ashraf Khan