Tag Archives: Rupee makes second straight gain vs dollar

KARACHI: The rupee stayed firm against the US dollar for the second day in a row, gaining 23 paise in the interbank market on Friday. Currency experts, however, said the PKR appreciation was a short-term phenomenon because the economic fundamentals were weak and the greenback would dominate again on strong demand, especially from importers. The State Bank of Pakistan reported …

Read More »