Business
Rupee up by 43 paisas
The exchange rate of US Dollar to Pakistan Rupee stood at Rs159.56 on first business day of the week.
According to the exchange rates provided by the State Bank of Pakistan (SBP), US Dollar weakened by 43 paisa in the interbank against Pakistani rupee on Monday.
The US Dollar rate was Rs159.99 against Pakistani Rupee (PKR) on Thursday (February 4) and decreased by Rs0.43 bringing the Dollar to PKR exchange rate at Rs159.56.
It is important to mention that Pakistani Rupee appreciates when lesser amount of rupees are required to get one USD whereas PKR depreciates when more rupees are required to get one greenback.