The US dollar buys rate was 161 rupees and the sell rate was 160.3 rupees on Wednesday. This week we will follow the rangebound trading pattern.
Dealers said that the rupee expanded losses to the dollar for the second time in a row. It was down to $953 million.
At the opening of the Pakistani currency market on Thursday, January 20, the US dollar’s buy rate was Rs160.1 and the sell rate was Rs160.8.
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.
Being Helper is not responsible for content on external links.