The US dollar lost 30 paisa against Pakistani rupee on Monday in inter-bank transactions despite the situation worsened in the federal capital where protesters have been trying to enter the Prime Minister’s House and police are trying to stop them.
On Friday, the rupee strengthened to 101.85 and 101.5 gaining 60 and 62 paisa against US dollar in open and inter-bank markets, respectively.
On Monday, the first day of trading, rupee strengthened in inter-bank market by 30 paisa to reach 101.2 while weakened in open market by 50 paisa to reach 102.35.
Sources told Customs Today that commercial importers and exporters have slowed down process of transactions due to fluctuation in rupee value.
