KARACHI: The US dollar rate in Pakistan moved upwards by Re0.09 (9 paisa) against Pakistani rupee to Rs278.39 in the interbank market on Tuesday (May 21).as per the State Bank of Pakistan (SBP).
Globally, the US dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly range bound as investors generally stuck to their views of the expected timing and extent of Federal Reserve rate cuts this year.
