KARACHI: The US dollar shed Rs 5.07 against Pakistani rupee in interbank trading ending on Friday.
USD dropped to Rs277.62 in the interbank trading from 282.69 rupees this week.
The US currency dropped by Rs4.50 in the open market on the week ended yesterday and closed at Rs277 from 281.50 rupees.
Other foreign currencies also lost value amid Pakistani rupees winning streak. The euro dropped two rupees in the week from Rs298 in the opening to 296 at the weekend.
Gold rate up by Rs. 4,900 to Rs.202, 000 per tola in Pakistan
The Pound shed four rupees in week from 348 to 344 rupees. Saudi riyal dropped by one rupee from 75.20 to 74.20 rupees, while Emirates dirham dropped 45 paise to settle at 76.75 rupees.
Amid tightening of screws at illegal currency business and crackdown on smuggling of dollar, the US currency shed 5.50 rupee in interbank trading previous week.
The dollar consistently going down against Pakistani rupee in open market since the beginning of September.
