KARACHI: The Pakistani rupee on Wednesday depreciated against the US dollar in open market and remained unchanged in interbank.
As per the local money market, the greenback gained 90 paisas in open market for buying at Rs116.65 and for selling at Rs116.85. The dollar remained unchanged in interbank for buying at Rs115.20 and for selling at Rs115.40.
On Tuesday, The US currency closed at Rs 115.20 for buying and Rs 115.40 for selling. The difference between the rate of dollar in the kerb and interbank markets decreased to 15 paisas from 20 paisas on day’s average. In open market, the dollar ended firm in the open currency market against the rupee. The dollar closed at Rs 115.75 for buying and Rs 115.95 for selling. It gained 05 paisas in the open market.