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Dollar reduces by Rs2.25 to Rs199.76 in interbank market

Dollar reduces by Rs2.25 to Rs199.76 in interbank market
May 27, 2022 Web Desk

KARACHI (92 News) - The dollar price reduced by Rs2.25 against the rupee in the interbank market on Friday.

In the open market, the dollar reduced by Rs2.50 and was closed at Rs201.

On the other hand, 100-index of the Pakistan Stock Market gained 319 points during the trading and it was closed at 42,861 points.

After an increase in the prices of POL products by Rs30 per litre on the demand of the IMF, the dollar rate is decreasing in the interbank market.