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The rupee has started to recover in the interbank and open market with economic experts predicting that it will continue the winning streak. According to the State Bank of Pakistan, the US dollar recorded a depreciation of 0.27% Wednesday in the interbank market. The currency dropped by 24 paisas to Rs175.48. The US dollar had jumped to an all-time high of Rs176.20 on November 29. Exchange Companies Association Secretary Zafar Paracha told SAMAA Digital that the value of the dollar had been propped up artificially and it will further drop once the International Monetary Fund (IMF) releases its next loan tranche to Pakistan. The government is hopeful that it will receive the ne...

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