Inter-bank market: rupee closes 2023 at 281.86 against US dollar – Markets

The Pakistani rupee appreciated marginally against the US dollar for the 13th successive session, gaining 0.02% in the inter-bank market on Friday, the final trading session of 2023.

As per the State Bank of Pakistan (SBP), the rupee settled at 281.86 after an increase of Re0.07.

This means the rupee closed 2023 with a depreciation of 19.7% as it started the year at 226.43 against the US…