Tag Archives: Dollar loses Rs4 in interbank after news of $2.3bn China rollover

The rupee was recovering against the dollar on Thursday, gaining Rs4 in the interbank market, with analysts attributing the development to the announcement of a $2.3 billion loan from Chinese banks. According to the Forex Association of Pakistan, the rupee appreciated by Rs4 to reach Rs206.50 at 12:37pm from the previous day’s close of Rs210.50. Mettis Global Director Saad Bin Naseer stated …

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