The Pakistani rupee continued to recover against the US dollar in the open currency market on Tuesday, the second day of the business week.
The dollar depreciated further by 1.50 during trading at 1:00 pm on Tuesday, leaving the dollar trading at Rs 182.70.
It may be recalled that the dollar had reached a record high of Rs 190 in the open currency market on Thursday, with the SBP announcing a tight monetary policy and raising interest rates by 2.5 per cent. A no-confidence motion was ordered.

As a result of these two decisions, the demand for the dollar declined and the recovery in the value of the dollar began on Friday, as a result of which the value of the dollar has declined by Rs 7 so far.