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PKR gains further against dollar after speculators warned of action

by Pakistan News
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KARACHI: The Pakistani rupee appreciated further against the US dollar in the interbank market Friday — the sixth consecutive session — after Finance Minister Ishaq Dar’s warning to speculators to stop their activities.

The local unit was being traded at 228 to a dollar after gaining 1.63 today. The rupee has moved up in value by 10.59 so far during the last six trading sessions which have lessened the debt burden by Rs1,350 billion.

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