According to ARY News, the Pakistani Rupee appreciated by Rs1.95 on Wednesday versus the US Dollar, reaching Rs231.96 in the interbank market, while the KSE-100 index of the Pakistan Stock Exchange (PSX) gained 207 points.
The open market price of the PKR in relation to the US dollar is between Rs230 and 232.
By gaining Rs1.95 in the interbank market, the PKR has had a strong start to the trading day. At Rs232.51, the PKR is now trading against the USD. Since Monday, the local currency has increased by more over Rs10.
Since the beginning of trade on the third business day of the week, the KSE-100 Index of the PSX has likewise experienced a bullish trend. The KSE-100 index is now at 41,725 points after rising 207 points.
According to the foreign exchange traders, the local currency increased by Rs3.11 on Tuesday versus the US dollar in the interbank market and ended the day at Rs233.91. In the open market, the currency is currently trading between Rs234 and 236.
