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Rupee remains firm at 101.5 vs dollar in interbank

Rupee remains firm at 101.5 vs dollar in interbank

KARACHI: Pakistani rupee Wednesday remained unchanged against US dollar in interbank and strengthened in open market.

As per currency market, the US dollar stayed stable at 101.5 in interbank, while it lost 5 paisa in open market to reach 102.65. On Tuesday, the greenback lost 20 paisa to stand at 101.50 in interbank and gained 5 paisa in open market to reach 102.70.

The currency market has stabilised over the past couple of months after experiencing extensive volatility, when the rupee weakened from around Rs98 to a dollar to above Rs103 in the wake of political impasse over alleged election rigging.