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Pak rupee depreciates to Rs118.45 in open market

Pak rupee depreciates to Rs118.45 in open market

KARACHI: The Pakistani rupee on Wednesday continued to shed value against the US dollar in open market and remained firm in interbank.

As per the local money market, the greenback gained 35 paisas in open market for buying at 117.90 and for selling at 118.45, while it remained unchanged in interbank for buying at 115.50 and for selling at 115.70.

On Tuesday, the dollar closed higher after adding five paisas for buying at 117.55 and for selling at 118.10 in open market. The US currency closed unchanged in interbank for buying at 115.50 and for selling at 115.70.