The US dollar was steady in interbank trading on Thursday a day after losing some value against the Pakistani rupee, reported 24NewsHD TV channel.
The greenback shed four paisas and was trading at Rs176.20, said the forex dealers. The dollar was closed at Rs176.24 on Wednesday.
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The rate of US dollar which was galloping high rapidly before the release of IMF’s stalled $1 billion tranche, was stopped after the loan programme was revived early this month.
The International Monetary Fund's Executive Board on Feb 2 approved the 6th tranche for Pakistan. The IMF Board met in Washington to take up Pakistan’s request for the completion of the sixth review and released $1 billion tranche under the Extended Fund Facility (EFF).