KARACHI: The Pakistani rupee on Wednesday gained marginal ground against the US dollar with an appreciation of 0.08% in the interbank.
At close, the currency settled at 286.98, an improvement of Rs0.24, as per the State Bank of Pakistan (SBP).
Interbank closing #ExchangeRate for todayhttps://t.co/LEJlcZu8vM#SBPExchangeRate pic.twitter.com/9d1BicXjIR
— SBP (@StateBank_Pak) June 21, 2023
On Tuesday, the rupee saw a marginal gain in the inter-bank market, appreciating 0.02% to settle at 287.22.
In a key development, Minister for Finance and Revenue Senator Ishaq Dar has again sought the United States’ help to unlock the stalled $1.1 billion International Monetary Fund loan as he met the US ambassador Donald Blome.
The Finance Division said Dar also informed the US diplomat about the latest government’s budgetary measures for fiscal year 2023-24 are aimed at reducing the fiscal gap in order to meet national as well as international financial obligations.
The development came during Dar’s meeting with US Ambassador to Pakistan Donald Blome.
“[Both sides] discussed matters of mutual interest between the two countries,” a statement from the Ministry of Finance read.
