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Pakistani Rupee Ends 2023 with 13th Consecutive Gain Against US Dollar, Today’s Rate Here

December 29, 2023
in News
Pakistani Rupee Ends 2023 with 13th Consecutive Gain Against US Dollar, Today’s Rate Here
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The Pakistani rupee continued its upward trend against the US dollar, marking a 13-session streak of appreciation with a marginal 0.02% gain in the inter-bank market on the last trading day of 2023.

The State Bank of Pakistan reported that the rupee concluded at 281.86 against the US dollar, reflecting a rise of Rs0.07 compared to the previous rate in the inter-bank market.

The Pakistani rupee’s closure at 281.86 against the US dollar denotes a 19.7% depreciation from its starting value of 226.43 in the inter-bank market for the year 2023, highlighting a significant decline in its value over the course of the year.

On the preceding Thursday, the Pakistani rupee saw a slight increase, concluding at 281.93 in comparison to the US dollar in the inter-bank market, signifying a marginal gain in its value during that particular trading session.

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Copyright for syndicated content belongs to the linked Source : Startup Pakistan – https://startuppakistan.com.pk/pakistani-rupee-ends-2023-with-13th-consecutive-gain-against-us-dollar-todays-rate-here/

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