KARACHI: The Pakistani rupee after shedding 67 paisas in its value in the morning eventually gained 11 paisas against the US dollar in the interbank on Monday.

According to the State Bank of Pakistan, the rupee was appreciated by 11 paisas against the American currency which was closed at Rs284.97.

Earlier, the Pakistani rupee depreciated during early trading session, making the US dollar to gain 67 paisas in its value. Later, the local currency rebounded and recovered the early morning’s loss and then went up by 28 paisas against the greenback. However, the exchange rate of US dollar was finally settled at Rs284.97.

On Friday, the last working day of the previous week, the rupee made a robust comeback, engrossing an impressive single-day gain of Rs13.8 against the US dollar following the news of PTI Chairman Imran Khan’s release order by the Supreme Court.