Rupee weakens by 64 paisas against dollar

Rupee weakens by 64 paisas against dollar

KARACHI: The Pak Rupee depreciated by 64 paisas against the dollar on Friday due to higher demand for import payments on the last trading day of the ongoing week.

The rupee ended at Rs154.94 to the dollar from the previous day’s closing of Rs159.30 in the interbank foreign exchange market.

Currency experts said that demand for the foreign currency remained higher because of the last trading day of the week.