US dollar in Pakistan witnesses marginal loss in open market on Dec 19

KARACHI: The US dollar in Pakistan witnessed marginal loss against Pakistani rupee in the open market on Tuesday (Dec 19).

During the day, currency dealers said the rupee was being quoted at 284 for selling and 281 for buying purposes for customers.

At the end of trading on Tuesday, the currency closed at 284.25 for selling and 281.25 for buying, according to data provided by the Exchange Companies Association of Pakistan (ECAP).

In the inter-bank market, the rupee settled at 283.01 against the greenback.

The gain comes amid improvement in the country’s external account after Pakistan posted a surplus of $9 million in November 2023.