Rupee gains for second consecutive session

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KARACHI: The Pakistani rupee recovered against the dollar on Monday after the finance minister announced expected inflows from friendly countries to support the government in overcoming economic challenges, dealers said. The exchange rate gained 26 paisas against the dollar to reach Rs221.66 from Friday's closing of Rs221.92 in the interbank foreign exchange market. Currency experts said that the local unit recorded gains as investors' celebrated the announcement by Finance Minister Ishaq Dar that Pakistan has secured roughly $13 billion in additional financial support from China and Saudi Arabia. According to Dar, Pakistan would be getting about $9 billion from China…

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