Rupee climbs, settles at 281.13 against dollar in Karachi

Share This
Rupee climbs, settles at 281.13 against dollar in Karachi
28

KARACHI: The rupee continued its ascent against the dollar for the sixth consecutive session, experiencing a slight 0.03 percent increase in the inter-bank market.

According to the State Bank of Pakistan, the domestic currency settled at 281.13 after a rise of 0.09 paisa. In the previous session on Tuesday, the rupee had marginally increased, reaching a settlement of 281.22 against the dollar.

Globally, the dollar remained stable on Wednesday, with cautious trading ahead of impending US inflation data expected to influence the Federal Reserve's policy. Additionally, the market saw volatility in Bitcoin following a fake social media post that disrupted markets.

Pakistan State Time is a versatile digital news and media website that covers all latest news developments on 24/7 basis.

- Advertisement -

Advertisement With Us
Advertisement With Us
Need Help? Chat with us