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In a notable development during Monday’s opening hours of trading, the US dollar experienced a slight decline by Rs0.10 against the Pakistani rupee in the inter-bank market. The Pakistani rupee, which started the day at 283.77, displayed a marginal increase against the US dollar.
This follows a positive trend from the previous week, where the Pakistani rupee demonstrated resilience by extending gains. Over the course of the week, the rupee appreciated by 0.38%, equivalent to Rs1.10, settling at 283.87 against the US dollar in the inter-bank market. Investors and market analysts are closely monitoring these fluctuations as the currency market continues to respond to various economic factors.
