Rupee gains three paisa against the US dollar in the interbank market

By Muhammad YaseenPublished On 06 Jan 2023

KARACHI: The Pakistani rupee rose by three paise against the US dollar in the interbank market on Wednesday.

According to forex dealers, the rupee appreciated by three paise to 154.20 against the greenback as compared to yesterday’s closing of 154.25.

Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh on Tuesday said the foreign direct investment in the country had witnessed a surge of 66 percent during seven months of the year 2019-20 as compared to the last year.

Taking to Twitter, Hafeez Sheikh said, “Foreign Direct Investment rises 66% to $1.56 billion in July-Jan 2020 as compared to the same period last year. On January 20, net FDI was $223 million, 52% higher than January 19.”