Summary The US dollar closed at Rs277.92 in the interbank market, down from Rs277.95 at the close of the previous trading
KARACHI (Dunya News) -The Pakistani rupee strengthened slightly against the US dollar in the interbank market on Tuesday, with the greenback losing another three paisas during trading.
According to market data, the US dollar closed at Rs277.92 in the interbank market, down from Rs277.95 at the close of the previous trading session.
The marginal decline reflects continued stability in the local currency amid ongoing activity in the foreign exchange market.
The interbank exchange rate is closely watched by businesses, investors, and importers as it serves as a key benchmark for the country's foreign exchange market. Movements in the rate can influence import costs, inflation, and overall market sentiment.
