KARACHI: The US dollar made a gain of 35 paisas against the Pak Rupee (PKR) on Thursday. The higher demand for external payments resulted in dollar appreciation.
The rupee closed at Rs169.03 to the dollar from the previous day’s closing of Rs168.68 in the interbank foreign exchange market.
Currency experts said that external payment demand including import and corporate payments caused depreciation in rupee value.
They further said that lower inflows and higher payments resulted in widening of trade deficit as well as current account deficit.
