Rupee gains 14 paisa against USD in interbank

Rupee gains 14 paisa against USD in interbank

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Karachi: The exchange rate of US Dollar weakened by 14 paisa in the interbank on Monday against Pakistani rupee.

The dollar closed at 160.11 rupees on the first working day of the week.

The rupee also rose against the U.S. dollar on the last working day of last week, as the closing price on the interbank market on Thursday (October 29, 2020) was 160.26 rupees.

On the other hand, the Pakistan Stock Exchange (PSX) showed a bearish trend as the KSE 100 index fell by more than 850 points before midday.

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