Tag Archives: gains Rs2.40 by close after govt rollback of fuel subsidy

The rupee finally snapped its losing streak against the dollar on Friday, gaining Rs2.40 by close a day after the government decided to lift the fuel price cap to comply with the conditions of the International Monetary Fund (IMF). According to the Forex Association of Pakistan (FAP), the dollar closed at Rs199.60, after depreciating against Thursday’s close of Rs202. It …

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