US dollar in Pakistan remains stable at Rs284.50 in open market on Dec 15

KARACHI: The US dollar in Pakistan remained stable at Rs284.50 in the open market on Friday (Dec 15).

However, dollar became cheaper by 25 paise in Interbank and closed at Rs 283.26 from Rs 283.51.

During the day, currency dealers said the rupee was traded at 284.50 for selling and 281.50 for buying purposes for customers, unchanged from the previous close.

At the end of trading, the currency closed at the same rates, according to data provided by the Exchange Companies Association of Pakistan (ECAP).

In the inter-bank market, the rupee maintained an upward trand against the US dollar for the fourth successive session as it appreciated 0.09% on Friday. As per the State Bank of Pakistan, the local unit settled at 283.26 after an increase of Re0.25 against the greenback.