Pakistani Rupee Makes Sharp Recovery In Inter-Bank Market

Karachi, October 18th: After the rupee price spiraling downward in the past week,it has now shown a positive growth.
The dollar, which had previously risen in the interbank market by 9.39 on October 9th, on 17th October Wednesday dropped down by 0.09.
The currency drop in the market was in accordance to the news reaching people of Pakistan reaching out for help from the IMF(International Monetary Fund).
The bailout package will only be given to Pakistan by the IMF if “Absolute Transparency” is provided as there is a financial crisis being faced, and a loan by the IMF is needed by the nation to effectively tackle it.


The current USD to PKR rate is 133.26.