US dollar takes a big jump against Pakistani Rupee

US dollar takes a big jump against Pakistani Rupee

*KARACHI: The Pakistani rupee on Wednesday continued its upward trajectoryagainst US dollar after it witnessed a jump of Rs1.2 against the greenbackin the interbank. *

The US dollar traded at Rs185.56 in the interbank after a rise of Rs1.2during the opening hours of the day. Meanwhile, the US dollar traded atRs186.50 in the open market today.

After recording an upward march against US dollar following the success ofno-trust move and the formation of new coalition government, the Pakistanrupee lost more ground against US dollar in the interbank on Tuesdaylink.

According to forex dealers, the rupee shed Rs1.90 against US dollar withthe latter closed at Rs184.44 in the interbank.