Aaj English TV

Friday, July 12, 2024  
05 Muharram 1446  

US dollar drops further against PKR

The rupee gains 25 paisas as the greenback declined to Rs283.87

The US dollar witnessed a marginal loss against the Pakistani rupee in the interbank foreign exchange market on Friday.

The greenback shed 25 paisas to close at Rs283.87 at the closing of the market, as against the closing of 284.12 the previous day.

In the open market, the buying of the dollar was recorded at Rs283.5 while it was quoted at 285.8 for selling at the time of filing the story.

Globally, the broad strength from the yen kept a lid on the dollar on Friday, which stayed on the defensive ahead of the closely-watched US nonfarm payrolls report due later on Friday.

In the broader market, the dollar largely drifted sideways, with currency moves outside of the yen subdued ahead of Friday’s US jobs data.

The US dollar index slipped 0.05% to 103.63, though was on track to gain 0.4% for the week.

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US dollar rate

Rupee dollar rate