KARACHI: The Pakistani rupee Friday continued adding value against the US dollar in open market and remained firm in interbank.
As per the local money market, the dollar lost 10 paisas in open market for buying at Rs118.20 for buying and closed at Rs118.75 for selling. The greenback remained unchanged in interbank for buying at Rs115.55 and closed at Rs115.75 for selling.
On Thursday, the dollar lost 10 paisas in open market for buying at Rs118.30 and for selling at Rs 118.85 for selling, while it remained firm in interbank for buying at Rs 115.55 and for selling at Rs 115.75.
Since December, the rupee has cumulatively shed close to 9% of its value after the central bank reportedly abstained from intervening in response to the pressure due to a widening current account deficit.
