Pak Rupee on recovery path against US Dollar

The US dollar has continued its downward trend in the inter-bank exchange, and after a decrease of Rs2.15, it is being traded at Rs224 rupees.

The previous closing of the US dollar was Rs226.15.

Finance Minister Mftah Ismael struck the gong to open the trading in the traditional way at Pakistan Stock Exchange (PSX).

The minister was happy to see the return of confidence in the forex exchange and stock market.

He pinned hope on the continuous momentum that the rupee recovery and stocks to get gain in the coming weeks ending the hopeless situation that was created by the previous government in power.

He multiple times claimed that the coalition government has saved the country from default.