In Karachi, the US dollar is maintaining its upward momentum against the Pakistani rupee, reaching a fresh peak of Rs 326 in the open market on Friday.
At the close of the business week, the interbank exchange rate witnessed a 07 paise decline, settling at Rs 305.46, but this downward trajectory persisted, with the rate dropping by 27 paise to Rs 305.80 by noon.
Simultaneously, in the open market, the US dollar experienced another surge, climbing by Rs 3 to reach the significant mark of Rs 326.
Conversely, the Pakistan Stock Exchange started on a bearish note, as the KSE 100 index initially dipped by 14 points to 44,988 points. However, by the conclusion of the first trading session, the PSX 100 index managed to recover slightly, advancing by 23 points to reach a level of 45,026 points.
