Federal Budget

Dollar continues to gain ground against PKR

Dollar continues to gain ground against PKR

Business

The local currency depreciated by 46 paisa.

KARACHI (Dunya News) –The US dollar continues to gain ground against the Pakistani rupee on Monday after a fresh appreciation.

According to details, the local currency depreciated by 46 paisa against the greenback and was being traded around at Rs218.89. The rupee had closed at Rs218.43 on Friday, according to Pakistan’s central bank data.

However, despite the depreciation, the rupee has cumulatively recovered by Rs21.05 from its record high of Rs239.94.