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Wed, Jun 24, 2026

Pakistani rupee strengthens as dollar rate drops

Dollar falls in Interbank, surges in Open Market

ISLAMABAD: In the recent development, after the IMF approved the tranche, the stock exchange continued to rally, the index crossed the highest level in history, and the dollar value in the foreign exchange market also declined.

The stock exchange witnessed a surge in trading on the third day of the business week, with the 100 index reaching 170,462 points with an increase of 1,006 points.

At the end of the previous trading day, the Hundred Index closed at 169,456 points.

As per details, the value of the dollar has decreased further, after which an improvement in the value of the rupee has been seen. According to the Exchange Companies Association, the dollar became 280 rupees 35 paise after becoming 5 paise cheaper in the interbank market.

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