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US Dollar Gains While Pakistani Rupee Slips

ISLAMABAD: Pakistani rupee on Tuesday depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs278.92 against the previous day’s closing of Rs278.83.

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However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.50 and Rs 281, respectively.

KARACHI: The Pakistani rupee weakened to 279.04 against the US dollar in the interbank market on Monday due to increased demand for dollars for import payments.

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