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Pak Rupee gains three paisa against US dollar in interbank market

byCT Report
19/02/2020
in Latest News, Markets, Stock Exchange
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KARACHI: The Pakistani rupee rose by three paisa against the US dollar in the inter-bank market on Wednesday.

According to forex dealers, the rupee appreciated by three paisa to 154.20 against the greenback as compared to yesterday’s closing of 154.25.

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Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday said the foreign direct investment in the country had witnessed a surge of 66 per cent during seven months of the year 2019-20 as compared to the last year.

Taking to Twitter, Hafeez Sheikh said, “Foreign Direct Investment rises 66% to $1.56 billion in July-Jan 2020 as compared to the same period last year. In January 20, net FDI was $223 million, 52% higher than January 19.”

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