Currency experts warn the US dollar may appreciate against the Pakistani rupee from the next fiscal year.
The dollar, steady at around Rs278-280 for over four months, is expected to rise with anticipated interest rate cuts.
Faisal Mamsa, CEO of Tresmark told Dawn that the rupee may remain around Rs280 per dollar until June end, then gradually depreciate to Rs295 per dollar by December, assuming political stability and an interest rate drop to 15%.
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