Business
US Dollar rises in interbank
After a slight drop, US Dollar starts to soar up in Interbank by Rs1.04.
Karachi: Despite agreements with the International Monetary Fund (IMF), there is a continued upward trend in the value of the dollar against the Pakistani currency.
According to currency dealers, at the start of the business on the last day of the trading week, there was an increase of Rs1.04 in the value of the dollar.
Following an increase of Rs1.04 in the interbank market, the new value of the dollar stands at Rs277.50
On the other hand, in the open market yesterday, the dollar had become cheaper by Rs 3.48 and reached 274 rupees against the Pakistani rupee.