Pakistani Rupee bounced back against the US dollar in the interbank market after early day losses

KARACHI: Pakistani Rupee bounced back against the US dollar in theinterbank market after early day losses.

The United States Dollar (USD) saw a depreciation against the PakistaniRupee (PKR) in the interbank market at the end of trading on Friday.

The US dollar fell 4 paisa against the Pakistani Rupee (PKR), its currentvalue stands at Rs 155.03 whereas its previous value was calculated at Rs155.07.

Earlier in the day, the US dollar appreciated 13 paisa versus the rupee inthe interbank market at the start of the day’s trading.

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According to forex dealers, the greenback was trading at 155.20 against thelocal currency in the interbank market.

The dollar had seen a gradual appreciation of 31 paisa against the rupeeover the past two days.