US dollar declines in the interbank market

Karachi: After a consistent decrease in the open market, the value of the US dollar has also started to decline in the interbank market.

During business transactions, the exchange rate of the US dollar decreased by PKR 2.47 in the country's currency markets, bringing the dollar to PKR 304.50.

It's worth noting that just yesterday, the interbank market recorded the dollar's value at PKR 306.97.

Dealers reported that in the open market, the buying rate for the dollar had dropped to PKR 312, while the selling rate stood at PKR 316 after a decrease of PKR 8.