Pakistani rupee continues to gain ground
Business
Pak rupee steady, dollar dips further
KARACHI (Dunya News) – The Pakistani rupee has become more stable as the price of dollar records Rs1.7 interbank decrease.
The dollar has decreases by Rs8.28 from the highest level in the interbank as the greenback closed at Rs298.82 on Wednesday.
On the other hand, an increase in the price of dollar has been recorded in the open market. It has gone up by 50 paisa.
The dollar was being sold at Rs300 in the open market and a decrease of Rs33 has been observed during the last few days.
Previous situation
Earlier, the interbank dollar price fell by Rs2 and at the end of day (Tuesday), the interbank rate of dollar was Rs302.95.
In the open market, the price of the dollar recorded a decrease of Rs3 after which it was sold at Rs305 in the open market.
The difference between the open market and the interbank has declined to merely 1 per cent.
