The US Dollar reported stability in its interbank market against the Pakistani Rupee on Wednesday morning, after seeing a continuous depreciation for six consecutive sessions.
On Wednesday morning, the American currency opened business at the previous day's closing rate of Rs283.
The US Dollar continued to depreciate further against the Pakistani Rupee, as it decreased in value by 20 paisas in the interbank market on Tuesday.
Also Read: Rupee continues upward flight against Dollar
In the interbank market, the Dollar closed business on Tuesday at Rs283.01 or depreciated 0.07% for the sixth consecutive session, as per currency dealers.
Interbank closing #ExchangeRate for today https://t.co/scioByZPIM#SBPExchangeRate pic.twitter.com/MaaXQKRvKm
— SBP (@StateBank_Pak) December 19, 2023
In the open market also, the mighty American currency lost a major chunk and was being traded for Rs284 after depreciating by 50 paisas.
