Rupee slightly down against dollar

Rupee slightly down against dollar

Rupee slightly down against dollar

Rupee remains stable at the interbank opening. Image: File

Advertisement

KARACHI: The rupee registered a slight decline of 10 paisas against the dollar on Tuesday because of higher demand for import payments, dealers said.

The exchange rate ended at Rs161.33 against the greenback from the previous day’s closing of Rs161.23 in the interbank foreign exchange market.

The currency dealers said the rupee slipped because of the higher demand for the foreign currency for import payments.

The rupee registered a healthy recovery on Monday but failed to sustain the momentum, the dealers added.

Also Read

Advertisement
Advertisement
Read More News On

Catch all the Business News, International News, Pakistan News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story