US dollar maintains upward trend against Pakistani rupee

Karachi: The US dollar maintained its upward trend against the Pakistani rupee in the interbank market on Monday.

According to the State Bank of Pakistan (SBP), the rupee fell to an almost two-and-a-half-month low of 178.13 against the US dollar in the interbank market, registering depreciation of 63 paisas over the previous close of Rs177.50.

In the open market, the US dollar finished at Rs179.50 against the Pakistani rupee.

Interbank closing #ExchangeRate for today: https://t.co/wbQpuEz4ah pic.twitter.com/ircsA3OrBK

— SBP (@StateBank_Pak) March 7, 2022

The currency dropped to an all-time low of Rs178.24 against the greenback on December 29, 2021.