Dollar jumps to Rs157.44 interbank

KARACHI: The US dollar maintained an upward trend against the Pakistani rupee in the interbank market for a second consecutive day on Tuesday.

The greenback went 86 paisa up to close at Rs157.44 for the day as compared to the previous closing of Rs156.58.

The Pakistani rupee has plunged by Rs3.20 against the dollar in the last two days.

On Monday, the greenback appreciated by Rs2.34 to settle at Rs156.58 for the day in the inter-bank market as compared to the previous closing of Rs154.24.

A similar trend was witnessed in the open market where the dollar rose by Rs2.70 to trade at Rs157 against the local unit.