KARACHI: The Pakistani rupee on Tuesday registered a marginal gain against the US dollar, appreciating 0.01% in the interbank market.
As per the State Bank of Pakistan (SBP), the rupee settled at 283.55, a gain of Rs0.03.
Interbank closing #ExchangeRate for todayhttps://t.co/w5WufvpgyO pic.twitter.com/6kiUUl43Xe
— SBP (@StateBank_Pak) March 28, 2023
The rupee has lost over 20.2% of its value against the greenback during this calendar year. A day earlier, the rupee was unable to maintain last week’s momentum against the dollar, settling at 283.58 in the inter-bank market, a decrease of Re0.38 or 0.13%.
In a key development, the SBP on Monday reported that foreign investors repatriated $225.1 million during July-Feb of FY23 as compared to $1.146 billion during the same period of last year, depicting a decline of 80% or $921 million.
