Pakistani Rupee Continues Upward Trend as US Dollar Depreciates in Both Open and Interbank Markets

Pakistani Rupee Continues Upward Trend as US Dollar Depreciates in Both Open and Interbank Markets

Pakistani Rupee Continues Upward Trend; US Dollar Registers Further Decline Across Open and Interbank Markets, According to ECAP

ISLAMABAD: The local currency sustained its positive momentum against the US dollar on Tuesday, with continuous marginal declines recorded for the greenback across both open and interbank foreign exchange markets.

According to data released by the Exchange Companies Association of Pakistan (ECAP), the US dollar dropped by 17 paisa in the open market, bringing its trading value down to Rs278.66.