Dollar value decreases by 5 paisa in interbank

ISLAMABAD, Jan 8 (INP) – The US Dollar on Tuesday has registered an increase of 5 paisa in open market after which it was trading at Rs 138.88.

However, in open market, the value of dollar increased by 10 paisa after which it traded at Rs139.20.

The value of Pakistani Rupee had depreciated by around 26 percent over the year, as the greenback strengthened by Rs28.36, from Rs110.5 per USD on January 1, 2018 to Rs138.8.

The heaviest round of depreciation occurred in October when the greenback gained over PKR 9 at the interbank market, taking a leap from Rs124.3 USD to Rs133.6 per USD.

Inp/khan