In the interbank currency market, on Friday, the United States (US) dollar inched up against the Pakistani rupee.
According to the State Bank of Pakistan (SBP), an appreciation of 10 paisas (-0.06 per cent) was registered as the greenback closed at Rs164.18 against the local unit over the previous close of Rs164.08.
Last week, the US dollar had reached a 10-month high as it traded at Rs164.01. Before this, the USD reached above 164 on October 6, 2020.
Last August, the rupee reached its all-time low of 168.43 against the US Dollar. However, it recouped some of its losses and reached a 22-month high of Rs152.95 in April this year.
