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Pak Rupee depreciates by nine paisas against dollar

Pak Rupee depreciates by nine paisas against dollar

KARACHI: The Pak Rupee weakened by 9 paisas against the dollar on Tuesday owing to demand for import and corporate payments, dealers said.

The rupee ended Rs160.61 to the dollar form last day’s closing of Rs160.52 in the interbank foreign exchange market.

The dealers said that the rupee weakened owing to dollar demand for import and corporate payments.