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Dollar further sheds value against rupee

By ERUM ZAIDI August 19, 2008

KARACHI - The US dollar further shed value against the Pakistani currency in the open market and inter-bank operations. Thus after the resignation of former President Pervez Musharraf, the rupee has gained Rs 3.25 paisa in two days.

On Tuesday, the dollar-rupee exchange rate parity reversed again and the Pak rupee recovered against the US dollar after witnessing slide position in the liquidity market.


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