KARACHI: Pakistani Rupee continued with its winning streak against the US Dollar, gaining 17 paisas in the interbank market on Friday. According to a State Bank of Pakistan tweet, the US Dollar opened at Rs158.33 and closed at Rs158.16, a level it last reached in mid-March. PKR has gained Re0.93 against the greenback during this week. “Stable foreign exchange reserves and a return to current-account surplus for the first time in five years, thanks to record remittances, have helped shore up the currency,” a Bloomberg report read. “Future direction will depend on upcoming current account numbers.”

Source: Pakistan Today November 13, 2020 16:30 UTC