In the forex market today, the Pakistani rupee (PKR) appreciated by 16 paisa against USD.
The closing value of PKR to USD stood at PKR 160.64 per USD. The previous day, it closed at PKR 160.80 per USD.
It is informed that last year in November, PKR had hit a seven-month high of PKR 158.70 against USD, becoming the third best-performing currency in Asia.
It is also added that PKR had cumulatively appreciated by PKR 9.73 or 3.1% against USD since touching an all-time low of PKR 168.43 in August last year
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