The Pakistani rupee (PKR) broke its three-day losing streak today, posting gains against the US Dollar (USD) after opening at 278 in the interbank market. The PKR showed a bullish trend throughout the day, closing at 277.95, appreciating by 0.03% or 8 paisas.
In addition to strengthening against the USD, the rupee also gained against several other major currencies. The interbank rate remained steady at 278/$ most of the day before finally closing at 277, while open market rates varied between 278 and 281