Summary Dollar closed at 124.05 rupees.
KARACHI (Dunya News) - Dollar rate in interbank market Thursday increased by 13 paisas to close at Rs124.05.
On Tuesday, the Pakistani rupee, after four years of pause, reversed on expectation that the country would receive ample support from China and some global financial institutions helped domestic currency to improve by 2.6 per cent.
The interbank saw grand opening and rupee strengthened sharply against dollar with recovery of nearly Rs5.36 on Tuesday.
It is pertinent here to mention that, on July 27, the dollar value started to decline right after General Election 2018, and was recorded as Rs127.86 in interbank market after a record high of Rs130.
