US dollar continue to gain value against PKR in interbank

The US greenback continued to achieve worth in opposition to the native forex with a rise of 60 paisas in interbank on Friday.

The brand new value of the US greenback reached Rs287.50 within the Interbank. As per the Foreign exchange merchants, the rupee depreciation continued on the final buying and selling day of the present enterprise week.

The native worth continued to lose its worth in opposition to the mighty US greenback regardless of its greatest efficiency in September this yr after the crackdown and short-term measures to elevate the native financial system and to re-gain the misplaced worth of the rupee i.e arresting the individuals concerned in hawala/hundi enterprise throughout the nation.