Dollar Gains Against Rupee in Interbank75 views
KARACHI: After being stable for more than three months, US Dollar has gained against the Pakistani in the Interbank Market.
The US Dollar is now worth Rs. 102 in Rupee-Dollar parity and according to the dealers, foreign payment have increase the demand of dollar in the market so the rupee is weakening respectively.
By an increase of .14 pasias, Dollar ended Rs. 102 in Trading today.
According to the money exchange experts, this trend will continue and in the upcoming days and US dollar can gain more value as compare to Pakistani rupee.
It is pertinent to mention that since a slight improvement in the country’s economy, Pakistani rupee was stable against dollar for past few months.