LAHORE MIRROR — The Pakistani rupee gained Rs5 against the US dollar on Monday with experts attributing the local currency’s gains to the stand-by agreement reached with the International Monetary Fund (IMF) last week.
According to the Forex Association of Pakistan, the rupee had appreciated to Rs285 in the open market as the stock market crossed the 2,000 mark. The interbank rate was not available due to Monday being a bank holiday.
