US dollar falls by Rs1.41 in interbank market 

Karachi: The value of the US dollar is steadily improving following the action taken by the administrations and security agencies against the smuggling and hoarding of dollars.

The action is taken on the instructions of the federal government.

At the start of the business week yesterday, the US dollar closed at Rs301.16, decreased by Rs1.79 in the interbank market.

At the start of business today on Tuesday, the value of the dollar continued to decline and the dollar became cheaper by Rs1.41.

During interbank business, the dollar fell from Rs 300 to Rs299.75 paise.

Currently, the dollar is at its lowest level in the last 20 days in the interbank market.

On the other hand, the value of the dollar continues to decrease in the open market, where the dollar decreased by Rs4 and closed at Rs300 yesterday.

In the open market, the British pound is at Rs370, while the Euro is at Rs316, the Saudi riyal at Rs79, and the UAE dirham at Rs82.