Rupee strengthens as dollar slips further in interbank market
Business
The Pakistani rupee continued to strengthen slightly against the US dollar in the interbank market, with the dollar slipping by one paisa to close at Rs280
KARACHI (Dunya News) - The Pakistani rupee showed further improvement against the US dollar in the interbank market on Tuesday, as the greenback edged down slightly.
On the second day of the business week, the dollar lost one paisa, closing at Rs280 in the interbank market. A day earlier, the US currency had ended trading at Rs280.01.
Read also: Rupee inches up as dollar slips further in interbank trade
Market watchers said the marginal gain reflects a steady trend, offering a small but positive sign for the local currency as it holds its ground in the foreign exchange market.
