At the Interbank Foreign Exchange (IFEX), the dollar depreciated by 1.16 paise to 160.45 paise. According to the details, after the rise in the value of the dollar yesterday, the interbank value of the dollar has come down again today, after which the dollar is currently trading at Rs 160.45 in the interbank market. After which the interbank price of the dollar reached 161 rupees 61 paise.
In two days, the interbank value of the dollar had risen by Rs 1.41 paise, after which the Pakistani rupee had been depreciating steadily. But today, the dollar did not jump in the interbank market, but its value has come down, after which the value of the dollar has come down from 161 rupees 61 to 160 rupees 45.
Earlier, the dollar had depreciated sharply, easing the external debt pressure on Pakistan.
Last week, the dollar depreciated against the rupee in the interbank and local open currency markets. In the interbank market, the buying rate of the dollar fell from Rs 160.30 to Rs 159.90 and the selling price fell from Rs 160.60 to Rs 160. The country's foreign exchange reserves stood at .3 17.3 billion. The rising value of the dollar in recent days has once again raised concerns.
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