RUPEE CLIMBS TO FIVE-MONTH HIGH VS DOLLAR

KARACHI: The rupee in open market rose to its five-month high as demand for the greenback fell owing to the decline in imports whereas the increase in dollar from lending agencies and foreign investment in the government papers helped stabilise rupee-dollar parity. Currency dealers foresee rupee to rise further in coming months in the wake of higher inflows of dollars and increased attraction of local currency. The dollar traded as low as R...

Dawn.com (Date:12/08/2019 03:45) Read full article >>

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