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Rupee weakens against US dollar in inter-bank trading

Rupee weakens against US dollar in inter-bank trading

KARACHI: Pakistani rupee on Thursday weakened in inter-bank against US dollar and strengthened in open market.

According to currency market, US dollar gained 10 paisa and reached 102.6 in inter-bank, while it lost 10 paisa to reach 102.8 in the open market.

On Wednesday, the US dollar weakened 20 paisa to reach 102.5 in inter-bank and strengthened 5 paisa to reach 102.9 in open market.

Experts say that fluctuation in the value of Pakistani rupee could continue as both the protesting parties — Pakistan Tehreek-e-Insaf and Pakistan Awami Tehreek — have vowed to continue their sit-ins in the federal capital.