The Pakistani rupee has marked a significant milestone by appreciating against the US dollar for 100 consecutive days, closing at PKR 278.62 in the interbank market, as reported by Profit by Pakistan Today. This 100-day rally, although resulting in a modest gain of PKR 2.44, is seen as a psychological milestone for a currency that has faced volatility in recent years. The steady appreciation suggests a period of relative calm in the foreign exchange market, which is crucial for stabilizing inflation projections in an import-dependent economy. The sustained upward trend has been attributed to improved market sentiment and relative stability, as noted by TechJuice, which reported the rupee closing at PKR 279.62, appreciating by three paisas during the session. Analysts suggest that this trend reflects improved dollar inflows and controlled import demand, contributing to the rupee's stability.
CURRENCY
Pakistani Rupee Gains for 100 Consecutive Days Against Dollar

The Pakistani rupee appreciated for 100 days, reaching PKR 278.62, showing stability, while the Indian rupee faced pressure, closing at 90.6350 due to weak stocks and high dollar demand.
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PBPT
Profit by Pakistan Today
Updated 6h agoTE
TechJuice
Updated 11h agoBR
Business Recorder
Updated 11h agoAN
ARY News
Updated 13h agoTH
The Hindu
Updated 14h agoWI
wise
Updated 1 day agoTE