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Pak rupee sheds value in cash-free market

Pak rupee sheds value in cash-free market

KARACHI: The Pakistani rupee Friday slightly depreciated against the US dollar in open market, however it remained firm in interbank.

According to the local money market, the dollar gained five paisas in the cash-free market for trading at 106.20 and remained unchanged in interbank at 104.80. On Thursday, the American currency gained 30 paisas in interbank for selling at 104.80 and lost five paisas in open market to reach 106.15.