KARACHI
Pakistani rupee continued strengthening against the US dollar in the inter-bank market for the sixth straight session on Wednesday and improved by 12 paisas (0.04 percent).
The State Bank of Pakistan (SBP) said in a tweet that the rupee opened at 279.79 against the dollar in the interbank market and closed at 279.67. Overall, the local unit improved by Rs0.46 against the greenback last week while it gained Rs7.13 during the previous ten weeks, which it closed on a positive note. The rupee has surged in 28 out of the last 30 sessions.
The rupee improved by Rs8.62 during the current fiscal year 2023-24 and Rs2.19 in the current year. The rupee gained Rs3.31 against the US dollar in December, while it shed Rs3.69 against the US dollar in November after gaining Rs6.26 against the greenback in the month of October.
