Rupee makes 62 paisas recovery against dollar

Rupee makes 62 paisas recovery against dollar

KARACHI: The Pak Rupee made a recovery of 62 paisas against the dollar on Wednesday after depreciating the value for seven consecutive trading sessions.

The rupee ended Rs153.88 to the dollar from previous day’s closing of Rs154.50 in the interbank foreign exchange market.

The latest recovery in the local unit was seen after a continuous fall for seven consecutive days.

The rupee has started falling against the dollar from mid of the current month. The rupee has been weakened by Rs1.68 against the dollar during last seven trading days between April 27, 2021 and April 15, 2021.