Inter-bank market: Pkr stable against $.

The rupee remained stable against the dollar at Rs 154.35/154.85 in the inter-bank market on Friday compared with Thursday's close of Rs 154.35/154.85, according to forex.pk.

Earlier, the SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with the International Monetary Fund (IMF) for a loan programme on May 12, 2019.

The IMF has asked Pakistan to end state control of the rupee and let the currency move freely to find its equilibrium against the US dollar and other major world currencies.

Also, the World Bank, which...

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