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Rupee closes weaker versus dollar

Summary by Daily Lead Pakistan

KARACHI: The rupee ended lower on Friday as dollar demand from importers surpassed selling of the US currency from exporters. In the interbank market, the rupee closed at 279.57 per dollar, down 0.04 per cent from 279.46 in the previous session. The rupee also weakened in the open market. It traded at 281.17 against the dollar, compared with 281.08 the day before. Dealers said that the local unit experienced a gradual depreciation due to increas…

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Daily Lead Pakistan

Rupee closes weaker versus dollar

KARACHI: The rupee ended lower on Friday as dollar demand from importers surpassed selling of the US currency from exporters. In the interbank market, the rupee closed at 279.57 per dollar, down 0.04 per cent from 279.46 in the previous session. The rupee also weakened in the open market. It traded at 281.17 against the dollar, compared with 281.08 the day before. Dealers said that the local unit experienced a gradual depreciation due to increas…

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Daily Lead Pakistan broke the news in 11 hours ago on Sunday, February 23, 2025.

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