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Rupee up against dollar in inter-bank, open market

Rupee up against dollar in inter-bank, open market

KARACHI: The US dollar weakened 10 paisa in inter-bank and open market to reach 101.7 and 102, respectively against rupee.

On Tuesday, however, US dollar strengthened 10 paisa in inter-bank market to reach 101.8 and weakened in open market by 15 paisa to reach 102.1 against Pakistani rupee.

Financial Analysts were of the view that the market seemed to have thrown caution to the wind as worries over the political turmoil, the recent setback to the economy and the ravages caused by rain and floods were all but ignored