Currency hits new 3-month high below 281 vs dollar.
KARACHI -- In line with market expectations, Pakistani currency continued to display strength for the 24th consecutive working day on Tuesday, hitting a new three-month high below Rs281 against the US dollar in inter-bank market.
According to State Bank of Pakistan's (SBP) data, the rupee recorded fresh gains of 0.41%, or Rs1.14, and closed at Rs280.51 against the greenback.
With the latest appreciation, the rupee has cumulatively surged 9.48%, or Rs26.59, in the past 24 working days. The...
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