The Pakistani currency strengthened to over a 12-month high, closing just below the highly anticipated level of Rs280 against the US dollar in the interbank market on Thursday. According to data from the State Bank of Pakistan (SBP), the domestic currency appreciated by 0.04%, or Rs0.12, concluding at Rs279.98 against the greenback. LNG pricesIn other developments, the Oil and Gas Regulatory Authority (Ogra) announced a modest decrease in the weighted average sale price of Re-gasified Liquefied Natural Gas (RLNG) for end consumers. The reduced RLNG prices are expected to benefit consumers of SSGCL and Sui Northern Gas Pipeline Limited (SNGPL). Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
