PKR weakens 23 paisa against dollar in interbank

Karachi: After three-day appreciation, the Pakisani rupee lost 23 paisa or 0.1 per cent against the US dollar on Friday.

According to the State Bank of Pakistan (SBP), the dollar gained 23 paisa to close at Rs221.64 against previous close of Rs221.42 on Thursday.

Interbank closing #ExchangeRate for todayhttps://t.co/iN5Qb0mCM3 pic.twitter.com/TwPsimLhDV

— SBP (@StateBank_Pak) November 11, 2022

In the open market, the greenback traded in Rs227.75 with no change. 

The dollar remained in demand for import payments, which weighed on the local currency.