Pak rupee edges up against dollar

ISLAMABAD: The Pakistani rupee edged up against the US dollar in the interbank market on Wednesday as the talks between the government the International Monetary Fund (IMF) on Stand-By Agreement entered its final phase,

At midday, the rupee was hovering at 287.80, an increase of Re0.07 in the inter-bank market.

Share market plunges, then recovers

On Tuesday, the rupee had depreciated 0.11% to settle at 287.87 against the US dollar.

In the open market, the US Dollar remained unchanged at Rs289. Since October 16, it has gone up by Rs12.