Dollar continues to ease in interbank market
Business
The US dollar continued its slight decline against the Pakistani rupee in the interbank market, closing at Rs280.51, showing stability in the currency market.
KARACHI (Dunya News) – The US dollar continued to ease against the Pakistani rupee in the interbank market on the first day of the new trading week.
The greenback fell by one paisa, closing at 280.51 rupees, compared to 280.50 rupees at the end of last week. Market analysts say the minor dip reflects calm trading and a steady rupee in the interbank segment.
The downward trend, though small, indicates that the currency market is responding to improved liquidity and market stability, with no major shocks to exchange rates reported.
Investors and traders are keeping a close eye on the interbank market, as fluctuations in the dollar can affect imports, exports, and overall economic activity.