US Dollar continues to rise against Pakistani Rupee

On Wednesday, the current rate for US Dollar stands at Rs282.50, as the interbank exchange rate saw a notable Rs1.03 rise today.

In a report from currency dealers, it was revealed that on the third day of the business week, the interbank rate for the US dollar saw an increase of Rs1.03, bringing the exchange rate to Rs 282.50.

Over the past week, the interbank rate for the US Dollar saw an overall increase of Rs1.19.

As per State Bank's data, the previous day witnessed an increase of 52 Paisas in the value of the Dollar in the interbank market.

While, according to the Exchange Companies Association of Pakistan (ECAP), there was a 50 Paisas increase in the Dollar's price in the open market.


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