KARACHI: The United States (US) dollar continued to gain grounds against the Pakistan rupee in the interbank market on Tuesday, the State Bank of Pakistan said.
According to the SBP, the local currency plunged by Re0.33 and closed at 226.45 against the greenback in the interbank market.
The dollar is being sold between Rs231 to 235 in the open market, the forex dealers said.
Interbank closing #ExchangeRate for todayhttps://t.co/36Jd5ihqjO pic.twitter.com/QqU5XghcCY
— SBP (@StateBank_Pak) December 27, 2022
It is pertinent to mention here that the Pakistani rupee is under pressure for a couple of weeks as Islamabad and IMF are holding talks on the ninth review of a $7 billion loan program.
Earlier, the International Monetary Fund (IMF) asked Pakistan to reduce expenses before the talks on the ninth review of a $7 billion loan program.
 dollar continued to gain grounds against the Pakistan rupee in the interbank market,){kind=link}