PKR snaps losing streak, recovers by 83 paisa in interbank

PKR snaps losing streak, recovers by 83 paisa in interbank

Business

The dollar was quoted at around Rs202

KARACHI (Dunya News) – The exchange rate of US Dollar weakened by 83 paisa in the interbank on Wednesday against Pakistani rupee.

The dollar was quoted at around 202 when compared to the all-time low of 202.83 reported yesterday. In open market the greenback was being traded at Rs201.5.

During last session, the local currency remained under severe pressure and even touched 204 against the US dollar before recovering to 202.83.