Rupee continues to strengthen against dollar after Saudi support
US dollar has depreciated by Rs1.03 and reached Rs171.7 in the inter-bank market
After the Saudi financial support, the US dollar continues to depreciate against rupee in the inter-bank market.
According to the latest reports, the dollar has depreciated by Rs1.03 and reached Rs171.7.
The greenback weakened by Rs3.52 in the inter-bank market during the last two sessions.
In Pakistan, the dollar rose by Rs0.58 to Rs 175
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Rupee strengthens against dollar after Saudi support
Over the past two days, the dollar has fallen from Rs175.1 to Rs171.7, registering two per cent decline in value.
It should be noted that on the first day of the business week, the dollar continues to appreciate in the inter-bank market. The dollar rose by Rs0.58 to Rs175.
On the last day of the previous week, the rupee depreciated 0.24 per cent against the dollar in the inter-bank market, after which the dollar closed at Rs174.43 in the inter-bank market.
