Rupee returns to gains after trending downward for two days

Rupee returns to gains after trending downward for two days

Islamabad (Web Desk): Pakistani Rupee on Thursday gained Rs1.47 against the US dollar in the interbank trading.

According to the State Bank of Pakistan (SBP), the US dollar closed at Rs278.81 against the previous day’s closing of Rs 280.28.

7854b6ee739766b39bab558ce3323f08

 However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279 and Rs 281 respectively.