KARACHI: Pakistani rupee Wednesday lost value against US dollar in interbank on technical correction, but strengthened in open market.
According to local currency market, the greenback gained 30 paisa in interbank to reach 101.6 and shed 25 paisa in open market to stand at 101.75. On Tuesday, the dollar shed 60 paisa in interbank to reach 101.3, while it remained firm in open market at 102.
US dollar is likely to break Rs100 barrier as rupee recorded 1.793 per cent jump against dollar in 4 days and reached Rs101.3 on Tuesday.
