Karachi (Web Desk/ Agencies): Rupee on Monday gained Rs1.78 against the US dollar in the interbank trading.
The Pakistani currency closed at Rs301.16 in the interbank against the previous day’s closing of Rs302.94.
On the other hand, the buying and selling rates of the US dollar in the open market stood at Rs298.1 and Rs301 respectively, according to the Forex Association of Pakistan (FAP).
Meanwhile, to prevent smuggling and hoarding of dollars, the government launched a massive crackdown against the elements involved in dollar smuggling, hoarding and organized crime cartels.
As per the sources, strict action is being taken after the identification of facilitators and patrons of government officials indulged in illegal economic activities.
