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After falling towards the greenback for 3 consecutive periods, the PKR reversed the pattern on Monday.
The native foreign money was being traded at Rs220.75 per greenback at 12pm, up Rs1.72 or 0.77 per cent, from Friday’s shut of Rs222.47, based on the Foreign exchange Affiliation of Pakistan.
In the course of the earlier week, the rupee fell 0.73% towards the US greenback but it surely was its reported scarcity within the open market and the long-march announcement by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan that prompted a little bit of a stir amongst official circles.
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