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Dollar rate slightly fell after a continuous rise

The dollar rate slightly fell on Wednesday after a continuous rise!

On the third day of the business week, the price of the American currency decreased by 2 paisa in the interbank market, after which the US dollar closed at 286.13 PKR in the interbank market.

A day earlier the greenback closed at 287.15 rupees in the interbank.

On the other hand, in the open market, the US dollar was reported of being traded in the range of 308-310 level, as the gap widened due to foreign currency shortage.

The marginal gain comes after the rupee registered losses against the US dollar for the fifth successive session to settle at 287.15 or 0.21% down on Tuesday.

Saman Siddiqui

Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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