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Rupee loses further ground, closes at 165.96

By Monitoring Desk

Pakistani rupee on Monday continued its losing streak against the United States (US) dollar in the interbank after shedding another 34 paisa against the greenback

According to forex dealers, the US dollar rose by 34 paisa in the interbank before the mid-day and stood at Rs165.96.

 

The greenback saw an increase by Rs1 in the interbank on August 25 to close at an 11-month high against the rupee. “The US dollar now stands at Rs166.20 against Pakistani rupee,” the dealers in the forex market said.

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Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

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