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KARACHI:The Pakistani rupee recovered 0.13% (or Rs0.27) on a day-to-day basis to a three-week high of Rs204.85 against the US dollar on the last day of the outgoing fiscal year on Thursday.Cumulatively, in the outgoing fiscal year, the rupee slumped a record 30% to Rs204.85 on Thursday compared to the close of Rs157.54 a year ago on June 30, 2021. quot The rupee has maintained a positive trend on reports that the IMF is about to resume its loan programme for Pakistan, quot Ismail IqbalSecurities Head of Research Fahad Rauf said while talking to The Express Tribune.Besides, the roll-over of the Chinese loan of $2.3 billion to Pakistan after a wait of four months in recent days and reports of extension in Saudi Arabia 39 s dollardeposits at the State Bank of Pakistan (SBP) also helped the rupee gain ground against the greenback, he said. quot The rupee is anticipated to stabilize around Rs200 against the US d
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