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BUSINESS

Inter-Bank Dollar Rate: Rupee Maintains Momentum Against U.S. Dollar

The Pakistani Rupee maintained its upward trajectory against the US Dollar for the third consecutive session, as it appreciated 0.19 percent in the Inter-Bank Market.

As per the state bank of Pakistan, the rupee settled at 285.97, an increase of 53 paisa.

During the previous week, the rupee had finally snapped its losing streak as it closed the week 0.18 percent higher to settle at 286.50 in the Inter-Bank Market against the U.S. Dollar on Friday.