KARACHI: The local currency appreciated by Rs2.65 against the greenback and was being traded around Rs237. In the interbank market during intraday trade, the rupee gained 4.02 against the dollar to reach 235.62, according to Investing.com, up in value from the previous session’s close of 239.65. The local currency on Friday — the last trading day of the outgoing week — finally broke its losing streak against the dollar after continuously depreciating for 15 consecutive sessions. The rupee had closed at Rs239.65 on Friday, according to Pakistan’s central bank data. With the latest day-to-day gain, the rupee has cumulatively recovered Rs2.71 in the past two working days. Online
