Pakistani currency increased by Rs 2.37 to rate of Rs 161 against the US dollar in the interbank market on Tuesday (today).
According to details, the price of the US dollar decreases due to the massive decrease in oil prices in the global market.
Note that Pakistani rupees had increased by Rs 1.49 on Tuesday (yesterday) to a price of Rs 162 against the US Dollar.
Alpha Beta Core CEO Khurram Shahzad had said earlier, The rupee recovered some ground against the greenback due to the scheduled “more inflows (of the dollars) and lower outflows,”
According to the forex updates, the buying rate of US dollars in Pakistani rupees is Rs 161 whereas the selling rate is 163.