The US dollar buys rate was 161.2 rupees and the sell rate was 160.5 rupees on Thursday.
Forex dealers said there were no heavy payments and the dollar supply was smooth as well.
At the opening of the Pakistani currency market on Thursday, January 21, the US dollar’s buy rate was Rs160.5 and the sell rate was Rs161.2.
The Pakistani rupee is likely to remain stable or weaken slightly against the US dollar this week as demand for the hard currency from importers increases.
Dealers have said they expect the rupee to weaken slightly in coming sessions due to ongoing demand pressure.
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