Dollar up by 53 paisas against PKR

Dollar up by 53 paisas against PKR

KARACHI: The US dollar makes a gain against the Pak Rupee (PKR) rupee on Monday. The dollar retreated in the past two sessions during the last week.

The rupee fell by 53 paisas to close at Rs168.72 to the dollar from last Friday’s closing of Rs168.19 in the interbank foreign exchange market.

One of the reasons for dollar appreciation may be attributed to the first trading day after two weekly holidays. Further, the external payment kept dollar demand higher.