Fifth successive loss: Rupee continues to depreciate against US dollar
- By Web Desk -
- Oct 18, 2022
KARACHI: The Pakistani rupee continued to depreciate against the US dollar in the interbank market for the fifth consecutive session, ARY News reported on Tuesday.
According to the State Bank of Pakistan (SBP), the greenback appreciated by 0.82 paisa against the local currency in the interbank to close at 219.71.
Interbank closing #ExchangeRate for todayhttps://t.co/pfyXd3rubG pic.twitter.com/JYtVbY9Umn
— SBP (@StateBank_Pak) October 18, 2022
In open market, the United States Dollar is sold between Rs223 to Rs226, said forex dealers.
Read more: Rupee registers marginal loss against US dollar in interbank
The local unit had finished Rs218.89 against the US dollar yesterday.
Interbank closing #ExchangeRate for todayhttps://t.co/F0H8TxTY27 pic.twitter.com/j9KWtyy9GM
— SBP (@StateBank_Pak) October 17, 2022