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Pakistani rupee falls by Rs0.03 against US dollar

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Following a negligible rise on the previous working day, the Pakistani rupee depreciates the US dollar by Rs0.03 in early-morning trade on Monday.

The value of the dollar has increased in the interbank market from Friday’s closing value of Rs220.84 to Rs220.87.

The dollar’s value rose by 0.05% to end the trading week at Rs220.84 from its earlier Thursday value of Rs220.95.

Since the US dollar began to strengthen, the rupee has been losing value for seven days in a row, totaling about Rs2.52.

However, the rupee’s value only increased by a negligible Rs0.09 on Friday.

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Pavan Manzoor is an experienced content writer , editor and social media handler along with a track record of youth-oriented activities in Pakistan and abroad. She was selected as a fully-funded delegate as a leadership fellow in Turkey. She also led a team of 5 volunteers at the week-long Young Professionals Fellowship in Maldives. She is also a member of the Youth Standing Committee on Higher Education.

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