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Pak rupee depreciates to Rs128 in open market

Pak rupee depreciates to Rs128 in open market

KARACHI: The Pakistani currency on Monday witnessed another worst day and depreciated against the US dollar to Rs128 in open market.

As per the local money market, the dollar gained Rs1.80 for buying at Rs127.50 and Rs2.50 for selling at Rs128 in open market. The dollar also added five paisas in interbank for buying at Rs 124.10 and for selling at Rs124.30.

On Friday, the dollar shed five paisas in interbank to close at Rs 124.05 for buying and Rs 124.25 for selling. The dollar gained 70 paisas in open market for buying at Rs 125.70 and for selling at Rs 126.20.