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Rupee recovers 20 paisa against dollar; PSX drops 723 points

The Pakistani rupee appreciated by 20 paisas on Wednesday against US dollar and and hit Rs.158.45 in the inter-bank market.

According to reports of Baaghitv, the Pakistani rupee appreciated by 20 paisas against the green back on Wednesday and closed at Rs.158.45, and recovered 28 paisas on Tuesday as well in the inter-bank market and closed at Rs.158.65.

This upward trajectory has been witnessed despite the drop of 723 points from the Pakistan Stock Exchange PSX on Wednesday and closed at 30,277 points, witnessing a four-year-and-four-month low.

 

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