The Pakistani rupee is appreciating against the dollar in the Karachi Interbank and local open currency markets, causing the dollar to fall from Rs 183 in the interbank market to Rs 181 and the dollar in the open market from Rs 184 to Rs 182.
According to the report of Forex Association of Pakistan, the dollar depreciated by Rs 1.30 against the rupee in the interbank market on Tuesday, with the buying price of the dollar falling from Rs 183 to Rs 181.80 and the selling price falling from Rs 183.20 to Rs 181.
Similarly, in the local open currency market, the buying price of dollar fell from Rs 183.20 to Rs 182.30 and the selling price fell from Rs 184.20 to Rs 182.70.
According to the Forex report, the euro depreciated by Rs 2, with the buying price of the euro falling from Rs 197 to Rs 195 and the selling price falling from Rs 199 to Rs 197, while the buying price of the British pound fell from Rs 235.50 to Rs 233. Rs.50 and the selling price fell from Rs.238.50 to Rs.235.80.