Flying in the direction of its ‘true value’, the Pakistani rupee continued to rise on Tuesday because it appreciated by Rs0.97 to Rs217 in opposition to the US greenback throughout early morning buying and selling within the interbank market.
The worth of rupee appreciated for the twelfth day in a row because it improved from Monday’s closing worth of Rs217.97 to Rs217 on Tuesday morning.
The worth of the US greenback began shedding observe in opposition to the rupee since September 23, 2022, after having reached a excessive of Rs239.74 and since then, the greenback has continued to go down considerably until date.
Since Federal Finance Minister Ishaq Dar’s return, the rupee has gained round Rs22.73 in opposition to the dollar.
