Rupee sheds Rs0.20 against US dollar in interbank

Rupee sheds Rs0.20 against US dollar in interbank

Karachi (Web Desk): Pakistani rupee on Tuesday witnessed Rs0.2 or 0.07% devaluation against the US dollar in the interbank trading and closed at Rs 277.03 against the previous day’s closing of Rs 276.83.

 However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 276.5 and Rs 278.5 respectively.

It is pertinent to mention that since September 5, the rupee gained 10.9% or Rs30.3 against the greenback for consecutive 28 sessions.