KARACHI: As a result of the approval of the IMF program for Pakistan, the dollar rate has decreased in the foreign exchange market.
In the interbank market, the value of the dollar fell by Rs 1.62 to Rs 220.29. On the other hand, a bullish trend was also seen in market shares.
There was a 318 points increase in the Pakistan Stock Exchange. 100 index rose to the level of 42823 points.
It should be noted that the International Monetary Fund (IMF) Board has also approved the next installment of 1.17 billion dollars along with the seventh and eighth economic reviews of Pakistan and the staff agreement.