Rupee maintains level against dollar after significant decline

KARACHI: The Pak Rupee maintained level on Wednesday after many days of continuous falling against dollar in interbank foreign exchange market.

The rupee ended Rs151.95 to the dollar from previous day’s closing of Rs152.00 in interbank foreign exchange market.

The market recorded day high of Rs152.05 and low of Rs151.75 and closed at Rs151.95.

The rupee witnessed steep declined against dollar during the current week and fell from the value of Rs141.40 to the dollar to the current level.

The exchange rate in the open market witnessed decline in rupee value. The buying and selling of dollar is recorded at Rs152.50/Rs154.00 in cash ready market.

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