Business
Unexpected increase in Dollar price
The exchange rate of the dollar has suddenly increased.
Karachi: The value of the US dollar has increased by 2 rupees against the Pakistani rupee, while it has decreased by 12 paise in the interbank market.
While it has strengthened against the Pakistani rupee in the open market, it has experienced a decline in the interbank market.
According to reports, the US dollar's value in the open market has surged by 2 rupees, reaching a notable exchange rate of 297 rupees against the Pakistani currency.
Conversely, within the interbank market, the dollar price has decreased by 12 paise, settling at 287.25 rupees.
It is evident that the value of the US dollar had decreased by 10 rupees in the open market during the past few days.