Islamabad March 9 2023: Pakistan Rupee shed intraday losses after finance minister statement that the staff level agreement with the International Monetary Fund (IMF) would be signed in next few days as all the requirements had already been fulfilled.
“We are very close to signing the agreement with the IMF and it would be done in next few days”, he said while addressing a seminar “Reviving economic stability through strengthening of public financial management” organized by the ministry of finance here.
Pakistan Rupee gains 3.85 or 1.4 percent after hitting intra day low of 283 to trade at 279.5 against Dollar at PST 15:05 but later on closes the day at 282.29. Yesterday, the dollar closed at PKR 279.12. During the week rupee losses PKR 3.83 or 1.4 percent.
