KARACHI: Nov 28,2022: The rupee is continuously under pressure in the local currency market . For the last around 15 consective working sessions, the local unit is losing its value to US dollar .
In interbank, US dollar gained another 25 paisa against US currency on Monday. It took US dollar value to Rs 224. US dollar had closed at Rs 223.75 on Friday last .
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Open market ,however, remained stable and it showed no fluctuation on Monday also.
Open market is not following inter bank and as a result it is staying stable .
Saudi Riyal, meanwhile , depreciated by 20 paisa in local market and closed at Rs 63 against its last Friday’s rates of Rd 63.20.
UAE Dirham also showed depreciation in the first session on Friday and closed at Rs 64;against its value of Rs 64.80 on last Friday
