Pakistan’s rupee registered a marginal drop against the US dollar in the inter-bank market, depreciating 0.07% during the trading session on Tuesday.
At around 12:30pm, the rupee was being quoted at 228.50 during intra-day trading, a depreciation of Re0.16.
On Monday, the rupee had registered a loss for the 19th successive session against the US dollar to settle at 228.34 after a decrease of Re0.19 or 0.08%.
In a key development, Finance Minister Ishaq Dar said on Monday that exporters of textile products, leather goods, surgical instruments, carpets, and sports goods would be given complete facilitation on the import of raw material/ inputs to meet their export requirements.
The top priority of the government is to fully implement the Export Facilitation Scheme (EFS) of the Federal Board of Revenue (FBR) bringing all big exporters within the ambit of the scheme to allow duties and taxes-free inputs for goods to be…