Inter-bank market Rupee strengthens against dollar.
KARACHI -- The rupee strengthened against the dollar at Rs166.58 in the inter-bank market on Thursday compared with Wednesday's close of Rs166.76, according to the State Bank of Pakistan (SBP).
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...
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