Tag Archives: Rupee holds strong against dollar in 2020

KARACHI: The rupee showed strong resistance against the US dollar during 2020 despite serious repercussions of Covid-19 on the economy. The local currency depreciated by 3.29 per cent against the greenback between Dec 31, 2019 to Dec 30, 2020. Since the beginning of 2020, the Covid-19 started expanding on a global level and reached Pakistan by the end of February. …

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