dailyuniversal.digital
In Karachi, the rupee saw a continued decline against the dollar in the interbank market on Friday, while the dollar’s value held steady at 279 rupees and 69 paise in the open currency market.
Initially, due to a shortage of funds, the rupee was quoted at 278 rupees and 18 paise, later rising by 2 paise to 278 rupees and 50 paisa. However, with an improvement in liquidity, the interbank dollar rate decreased by 10 paisa to 278 rupees and 38 paisa by the close of business. Conversely, in the open currency market, the dollar maintained its stability at 279 rupees and 69 paise. The bullish momentum paused on Friday, attributed to positive economic indicators and expectations of fresh inflows in the near future.
