Pak rupee makes strong recovery against dollar in interbank
Taking a cue from the Pakistan Stock Exchange (PSX) which scored its biggest single-day jump in 15 years on Monday, gaining 5.9% on the first trading session after the country secured the last-gasp funding deal from the Washington-based lender.The country on Friday secured a $3 billion short-term financial package from the IMF, giving its economy some much-awaited respite as it teeters on the brink of default.The greenback was being traded at Rs274.98 after losing 11.1 in the interbank. It closed at 285.99 on June 27 — the last trading session before the Eid holidays. SuchTV, 04 Jul, 2023
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