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Rupee strengthens against dollar

KARACHI: The rupee strengthened against the dollar at Rs159.5/160 in the inter-bank market on Thursday compared with Wednesday’s close of Rs159.75/160.25, according to forex.pk. Earlier, the SBP let the rupee depreciate massively in the inter-bank market after finalising an agreement with the International Monetary Fund (IMF) for a loan programme on May 12. The IMF […]

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