The Pakistani rupee experienced a slight uptick against the US dollar, during the initial trading hours in the inter-bank market on Tuesday.
As of 11:50 am, the rupee stood at 284.20, marking an increase of Re0.33 in the inter-bank market.
On the preceding day, the rupee saw a modest gain, settling at 284.53 against the US dollar.
In a noteworthy development, the International Monetary Fund (IMF) Executive Board has scheduled meetings until December 14. However, it’s notable that Pakistan is not on the agenda, as the first review under the $3 billion stand-by arrangement (SBA) program remains pending.