US dollar depreciates against Pakistani rupee in interbank

Karachi: For the second consecutive day, there is a trend of decreasing value of US dollar against Pakistani rupee in the market on Thursday.

According to the currency dealer, at the start of the business day, the dollar fell by Rs0.80 to settle at Rs286.24 in the interbank.

Notably earlier on Wednesday (yesterday), the price of US dollar, which was increasing rapidly across the country, finally got a break.

According to the data released by State Bank of Pakistan (SBP), during the third business day of this week, the value of the US dollar against the rupee decreased by Rs1.48.