Pakistani Rupee on Friday gained Rs. 0.14 against the US dollar during the early day trade in an open market.
The greenback around 10:00 AM was recorded at Rs277.60 against the Pakistani currency, according to the exchange companies’ association.
In the previous trading session on Thursday, PKR recorded a slight gain as it closed at Rs277.74 after appreciating 0.04 per cent or nearly 11 paisa against the USD.
Since the start of 2025, PKR has appreciated 1.48 per cent, or Rs4.12, against the USD, while considering the ongoing financial year 2025, PKR has increased by 60.11 paisa, or 0.22 per cent, versus the American currency.
Meanwhile, Pakistan Stock Exchange (PSX) remained green in the first half of Friday, gaining 675.59 points or 0.71 percent to reach 94,829.96 points.
Experts attributed this rise to strong macroeconomic indicators, such as reduced interest rates and a controlled trade deficit, which are boosting market confidence.
Moreover, the Finance Division reported to the International Monetary Fund (IMF) regarding debt, external financing, and a $12.5 billion rollover from allied nations, which is expected to influence market sentiment positively.
Earlier, on Thursday the KSE-100 index gained 836.47 points, or 0.9 percent to settle at 94,191.89 points at the closing of the stock market.
