{"id":287305,"date":"2022-10-04T08:39:30","date_gmt":"2022-10-04T03:39:30","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=287305"},"modified":"2022-10-04T08:39:30","modified_gmt":"2022-10-04T03:39:30","slug":"rupee-continues-upward-trajectory-gains-rs1-16-in-interbank","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/rupee-continues-upward-trajectory-gains-rs1-16-in-interbank\/","title":{"rendered":"Rupee continues upward trajectory, gains Rs1.16 in interbank"},"content":{"rendered":"<p> KARACHI<br \/>\nThe rupee continued to recover in the interbank market, extending its gains against the dollar for the seventh consecutive session.<br \/>\nAccording to the State Bank of Pakistan (SBP), the local currency closed at Rs227.29, up Rs1.16 or 0.51 percent from last Friday\u2019s close of Rs228.45. The US dollar was being sold at Rs227.70 in the interbank market.<br \/>\nMeanwhile, the Forex Association of Pakistan (FAP) reported that the greenback was being traded at Rs228 to Rs230 in the open market.<br \/>\nThe Pakistani rupee has been recovering for the seventh consecutive session after falling close to an all-time low of Rs239.94 on Sept 22. The local unit gained 11.2 rupees or 4.9% against the dollar in the interbank market last week.<br \/>\nLast Friday, Pakistani rupee gained Rs1.18 against the US dollar in the interbank market.<br \/>\nAccording to the State Bank of Pakistan (SBP), the local currency closed at Rs228.85 after appreciating 0.52 percent from Thursday\u2019s close of Rs229.63.<br \/>\nIt is pertinent to mention here that newly sworn-in Finance Minister Ishaq Dar had said strengthening of Pakistani rupee value would be his top priority and no one would be allowed to do manipulation in the exchange rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI The rupee continued to recover in the interbank market, extending its gains against the dollar for the seventh consecutive session. According to the State Bank of Pakistan (SBP), the local currency closed at Rs227.29, up Rs1.16 or 0.51 percent from last Friday\u2019s close of Rs228.45. The US dollar was being sold at Rs227.70 in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-287305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rupee continues upward trajectory, gains Rs1.16 in interbank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/rupee-continues-upward-trajectory-gains-rs1-16-in-interbank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rupee continues upward trajectory, gains Rs1.16 in interbank\" \/>\n<meta property=\"og:description\" content=\"KARACHI The rupee continued to recover in the interbank market, extending its gains against the dollar for the seventh consecutive session. According to the State Bank of Pakistan (SBP), the local currency closed at Rs227.29, up Rs1.16 or 0.51 percent from last Friday\u2019s close of Rs228.45. The US dollar was being sold at Rs227.70 in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/rupee-continues-upward-trajectory-gains-rs1-16-in-interbank\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-04T03:39:30+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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According to the State Bank of Pakistan (SBP), the local currency closed at Rs227.29, up Rs1.16 or 0.51 percent from last Friday\u2019s close of Rs228.45. 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