Dollar rises in interbank, open market

Karachi: The US dollar increased in value against the Pakistani Rupee in the interbank trading session on Monday.

According to the State Bank of Pakistan (SBP),  the greenback surged by nine paise against the local unit in the interbank trading to settle at Rs278.30.

The dollar closed at Rs278.21 in the interbank on the last trading day on Friday.

In the open market, the dollar appreciated four paise against the local currency to settle at Rs279.54.