Pakistani rupee recovers more value against US dollar

By: News Desk      Published: 10:36 AM, 17 Sep, 2021
Pakistani rupee recovers more value against US dollar
Representational image.

The Pakistani rupee scored another gain against the US dollar for the third consecutive day as its value increased by 38 more paisas, reported 24NewsHD TV channel.

The rupee scored the gain as soon as the business began in the inter-bank trading on Friday morning.

The US dollar which closed at Rs168.18 a day earlier came down to Rs167.80.

Forex dealers were of the view that the intervention by the State Bank of Pakistan (SBP) was proved a catalyst in bringing down the greenback.

Also Read: Pakistani rupee gains 94 paisas against dollar after SBP action

They averred that all eyes now on the State Bank for how long it will continue to support the national currency.

Also Read: US dollar beats Pakistani rupee to historic high

Reporter Ashraf Khan