Pakistani Rupee rises against US dollar in the interbank market

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Pakistani Rupee rises against US dollar in the interbank market

KARACHI – The Pakistani rupee on Tuesday further appreciated by 40 paisa against the US dollar to close at Rs160.05 in the interbank market.

In the open market, the local currency followed the similar trend and gained 30 paisa to close at Rs160.40 against the greenback.

Yesterday, the rupee appreciated by 13 paisa against the US dollar in the interbank market, and hit Rs160.45.

In the previous week, the Pakistani rupee depreciated by 39 paisa against the greenback and closed at Rs160.58 in the interbank market on Friday.

In the open market, the greenback with slight fluctuation in the whole previous week maintained its value around Rs160.70.