Rupee hits 6-week high
The Pakistani currency surged to a six-week high, standing just below Rs284 against the US dollar in the interbank market on Tuesday. After a brief dip, the State Bank of Pakistan’s (SBP) data reveals a 0.04% increase, or Rs0.12, closing at Rs283.78 against the greenback. This uptrend follows a substantial boost in foreign currency inflows into the domestic economy, with Roshan Digital Account (RDA) transactions by overseas Pakistanis surpassing $7 billion in November alone.
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