The value of the US greenback rose by Rs0.53 to Rs168.72 in the interbank trade while its value increase by a rupee to Rs169.8 in the open market. jwplayer("jwp-outstream-unit").setup({}); The increase in dollar rate is spurred by a widening current account deficit which rose by Rs1.1 billion over the previous month. Other factors hurting the value of the Pakistani rupee were the restoration of an International Monetary Fund (IMF) programme and the effects of providing dollars to Afghanistan. Earlier this month, the State Bank of Pakistan (SBP) had intervened to stabilize the value of rupee against the US dollar. A slight improvement was seen in rupee
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