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Rupee Gains Rs 4.38 Against Us Dollar
In inter bank trading on Friday, the Pakistani rupee gained Rs 4.38 against the US dollar, while the banks are selling the US dollar at Rs215, forex dealers said.
In open market, the dollar declined by Rs2 and traded between Rs212 to Rs213.
US dollar shed Rs4.38 in the interbank today and traded at Rs214.50.
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The rupee got its strength amid an assurance from the IMF for the release of a USD1.17 billion tranche.
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