Depreciation of the dollar


Karachi (Daily Pakistan Online) The US dollar depreciated on the fifth day of the business week.

According to Forex dealers, the dollar depreciated by 41 paise during interbank trading, after which the dollar traded at Rs 170.25.

On the other hand, in the open market, the dollar has fallen below the record level of Rs 173.

It should be noted that the SBP has imposed a condition of 100% cash margin on the import of 114 more items to control the value of the dollar.

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