Rupee Gets Strong Against all currencies – Ukaaj.com | A great real estate is HERE !

Rupee Gets Strong Against all currencies

  • 5 months ago
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Rupee Gets Strong Against all currencies

The Pakistan Rupee (PKR) changed tide against the US Dollar (USD) in the currency market after seven consecutive days of losses. PKR appreciated by 61 paisas in the interbank currency market against the greenback today, crossing the Rs. 154 boundaries once again.
Analysts believe that amid the higher dollar demand from importers, the local unit is likely to remain under pressure because of import payments. Multinational firms are also seeking the greenback for repatriation of profits and dividends, which is also putting pressure on the local unit.

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