Dollar appreciates against Pak Rupee in interbank

Karachi: The Pakistani rupee (PKR) witnessed a slight depreciation against the US dollar in the interbank trading session on Thursday, settling at PKR 278.20 per USD, marking a decrease of over 10 paisa compared to the previous day's closing of PKR 278.10 per USD.

Throughout the trading day, the PKR experienced fluctuations, reaching an intraday high (bid) of 278.33 and a low (ask) of 278.13, showcasing the currency's vulnerability to market dynamics.

In the open market, exchange companies quoted the dollar at 276.41 for buying and 279.09 for selling, indicating a slightly different trend compared to the interbank rates.