KARACHI: The United States (US) dollar maintained its upward trend against the Pakistani rupee in the interbank currency market on Tuesday.
According to the data of the State Bank of Pakistan (SBP), the greenback closed at Rs176.72 against the domestic currency, showing appreciation of 23 paisas over the previous close of Rs176.49.
Interbank closing #ExchangeRate for today: https://t.co/gKWqbh4HHh pic.twitter.com/nY0rGFuGOG
— SBP (@StateBank_Pak) January 25, 2022
The Pakistani rupee weakened by 17 paisas against the US dollar in the interbank currency market last week. According to a weekly report, the greenback closed at Rs176.24 against the domestic currency on Friday, 17 paisas higher than Rs176.07 a week ago.
In the open market, the US dollar appreciated by Rs1.30 to Rs179.30 against the Pakistani rupee.
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The Pakistani Rupee declined by almost 12 per cent last year. The dollar flight continues despite multiple measures taken by the State Bank of Pakistan (SBP) to stabilise the exchange rate.
Federal Investigation Agency (FIA) is also continuously clamping down on hoarders and smugglers to restrict the outflow of the dollar in a bid to ease its demand.
 dollar maintained its upward trend against the Pakistani rupee in the interbank currency market on Tuesday.){kind=link}