Dollar at interbank gains 22 paisa to close at 163.89 rupees

Dunya News

Higher trade deficit is exerting pressure on the domestic currency.

KARACHI (Dunya News) – US Dollar at interbank has strengthened by 22 paisa to close at 163.89 rupees on Tuesday.

Sources told that higher trade deficit is exerting pressure on the domestic currency.

Trade deficit of July 2021 has widened by 81 percent to $3.06 billion while imports are up by 47 percent to $5.41 billion in the same month.