PKR Continues Upward Trend Against Dollar In Interbank.
Pakistani Rupee (PKR) on Wednesday continued its upward trend against US Dollar after International Monetary Fund (IMF) approved loan tranche for cash-strapped Pakistan.
The rupee was changing hands at 218.50 per dollar after gaining 1.62 during intraday trade in the interbank market.
Earlier, the International Monetary Fund board approved the seventh and eighth reviews of Pakistan's bailout program, allowing for a release of about $1.1 billion.
The IMF agreed to extend the programmer by a year and increase the total funding by 720 million...
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