Karachi August 10 2022: Pakistan Rupee appreciate for the seventh consecutive day to trade near 221 against dollar in the interbank on higher export-related receipts and optimism that country is inching toward securing the International Monetary Fund bailout amid crackdown on foreign exchange dealers.
The rupee appreciates by PKR 3.02 in the interbank to trade at 221.02 against dollar.
Pakistan has met the last prior action for the combined 7th and 8th review following the increase in petroleum levy on 31st July 2022, says IMF country representative to Pakistan Esther Perez Ruiz.
The Board meeting is tentatively planned for third week of August as per Governor State Bank of Pakistan.
