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Home Markets Currencies

Pak rupee slightly depreciates in open market

byCT Report
17/04/2018
in Currencies, Markets
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KARACHI: The Pakistani rupee Tuesday slightly depreciated against the US currency in open market and remained firm in interbank.

As per the local money market, the dollar gained five paisas in open market for buying at 116.65 and for selling at 117.45, while it remained unchanged in interbank for buying at 115.50 and for selling at 115.70.

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On Monday, the greenback increased value against the rupee in the interbank and shed value in open market. The greenback closed at Rs 115.50 for buying and Rs 115.70 for selling, gaining 10 paisas.

The dollar ended lower in the open currency market. Demand remained dull from private sector buyers. The US dollar closed at Rs 116.60 for buying and Rs 117.40 for selling, shedding 10 paisas from previous session’s level.

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