Dollar makes gain for third consecutive day

Dollar makes gain for third consecutive day

KARACHI: The US dollar made gains for the third consecutive day against the Pak Rupee (PKR) on Wednesday. The local currency fell due to external payment demand.

The rupee depreciated by 48 paisas against the dollar. The local currency ended Rs166.87 to the dollar from the previous day’s closing of Rs166.39 in the interbank foreign exchange market.

The PKR fell by Rs1.25 against the greenback during the last three days of trading. The rupee ended at Rs165.62 to the dollar on Friday, August 27, 2021.