KARACHI: The Pakistani rupee on Friday continued its recovery against the US dollar for the third successive session, appreciating 0.36% in the interbank market.
As per the State Bank of Pakistan (SBP), the rupee settled at 259.99 against the greenback, up Rs0.94 or 0.36% in the inter-bank market.
Interbank closing #ExchangeRate for todayhttps://t.co/WJ7qRDtYVK pic.twitter.com/l04f3rrws6
— SBP (@StateBank_Pak) February 24, 2023
The rupee had registered its second successive gain on Thursday, settling at 260.93 after an appreciation of 0.37% against the greenback.
In a key development, foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $66 million to $3.26 billion, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $8.73 billion. Net foreign reserves held by commercial banks stood at $5.47 billion.
