Karachi May 24 2022: Rupee in the interbank gains against the dollar to below 200 and trading at level of 199.75 as the State Bank of Pakistan jack up policy rate by 150 basis points the last day to slow down the economic growth.
Yesterday, Rupee falls for the fourteenth day and closes at lowest level of 200.93 over uncertainty of IMF program as Government decided not to increase petroleum and electricity prices, which is against the conditions of the IMF.