PKR falls by Rs1.24 against dollar in interbank

PKR falls by Rs1.24 against dollar in interbank

KARACHI: The Pak Rupee (PKR) fell by Rs1.24 against the dollar on Monday due to higher import and other external payments.

The rupee ended Rs163.67 to the dollar from previous closing on July 30, 2021 at Rs162.43 in the interbank foreign exchange market.

The rupee was remained under pressure during the day due to dollar demand for import payment as market was opened after two weekly holidays.

The local currency depreciated by around 3.9 per cent against the dollar since July 01, 2021.

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