Dollar takes another plunge against rupee

Dollar takes another plunge against rupee

The US dollar  gained 76 paisas against the Pakistani currency as it fell from Rs161.12 to Rs 160.36 at the close of inter-bank trading on Wednesday.

According to Pakistan Forex traders, the US dollar was traded at Rs158.5 against the rupee.

At the trading opening dollar took a further dive as it lost Rs 1.62 in value against the Pakistani currency. The dollar slumped by Rs1.62 in inter-bank and reached at Rs159.59 against the Pakistani rupee.

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Earlier on Tuesday, the US dollar took a further hit as it lost Rs 2.37 in value against the Pakistani currency at the closing time of trading. The dollar slumped by Rs 2.37 in inter-bank and reached at Rs 161.12 against the Pakistani rupee.

In Tuesday early training, the dollar slumped by Rs1.99 in inter-bank and reached at Rs161.50 against the Pakistani rupee.