US Dollar Increases Against Pakistani Rupee
According to the official papers, the Pakistani rupee (PKR) recently lost value versus the US dollar in the interbank currency market by as much as 37 paisas.
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The PKR finished at Rs 154.50 against the US dollar, down 37 paisas from the previous closing of Rs 154.13, according to the State Bank of Pakistan.
The Pakistani rupee, on the other hand, had increased in value to 152.95 versus the US dollar on April 28, marking the 22-month high.
After it reached an all-time low of Rs 168.43 in August of last year, the rupee has gained more than nearly Rs 15 during the past seven months.
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