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Pak rupee depreciates by 15 paisas in open market to 102.60

byCustoms Today Report
01/04/2015
in Currencies, Latest News, Markets
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KARACHI: Though Pakistani rupee remained unchanged against US dollar in interbank, however, it weakened in open market despite bullish trend in stock markets over IMF’s $500 million tranche, which State Bank of Pakistan received on Wednesday.

According to the local currency market, the US dollar gained 15 paisas in open market and reached 102.60, however, it remained in unchanged in interbank at 101.70. On Tuesday, the greenback added 5 paisas in open market to reach 102.45 and remained firm in interbank at 101.70.

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