Rupee weakens by 13 paisas against dollar in early trade

Rupee weakens by 13 paisas against dollar in early trade

KARACHI: The Pak Rupee fell by 13 paisas against the dollar in early trade on Monday owing to higher demand of the foreign currency on the first day of the week.

The exchange rate is at Rs159.30 in the early trade around 10:00AM as against Friday’s closing of Rs159.17 in the interbank foreign exchange market.

Currency experts said that the rupee weakened in the early trade due to higher demand of the foreign currency as the market opened after two weekly holidays.

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