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Pakistani rupee appreciation

Pakistani Rupee appreciated by 0.68% against US Dollar

KARACHI: US Dollar shows continuous downward trend by losing its value against Pakistani rupee since last week of July 2018. This US dollar trend creates a positive pitch for Pakistani rupee as it appreciates resulting in ample inflows of US Dollars. It is observed that US dollars buying and selling rate has massive difference, almost the difference is up to Rs16. On Tuesday, the open market dealers were trading US dollars in the range of Rs108 to Rs122 (buying) and the selling was done at Rs122 to Rs124. ALSO READ: …