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US dollar rises to 103 in open market

US dollar rises to 103 in open market

KARACHI: Pakistani rupee further depreciated against US dollar in open market, but remained stable in interbank on Friday, the last trading day.

According to the currency dealers, US dollar gained 5 paisa and reached 103 in open market, while rupee remained stable in interbank on 102.7. On Thursday, the local unit did not show any variation for the buying and selling of the dollars, as there was neither payment nor buying pressure witnessed in the market. In open market, the rupee was traded at 102.95, while in interbank, it was traded at 102.7 against the greenback.