After the State Bank of Pakistan (SBP) adopted efforts to stem the outflow of foreign money, the rupee steadily regained ground against the US dollar on Friday, gaining 34 paisas compared to its previous closing.
The rupee finished at 170.53 versus the US dollar in the interbank market, up 0.20 percent from the previous close of 170.87.
Meanwhile, foreign exchange reserves held by the central bank fell by 0.65% on a weekly basis, according to data released by the central bank.
On October 1, the foreign currency reserves held by the SBP were recorded at $19,169.1 million, down $125 million compared with $19,294.5 million on September 24.
Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $25,999.9 million.
Net reserves held by banks alone amounted to $6,830.8 million.