ISLAMABAD: Pakistan’s rupee continued to weaken against the US dollar in the inter-bank market, and was hovering around the 231-232 level in the opening hours of trading on Tuesday.
At around 11:40am, the currency was being quoted at 231.46, a depreciation of Rs1.64 or 0.71% against the greenback, during intra-day trading.
On Monday, the rupee had closed lower against the US dollar for the seventh successive session, settling with a depreciation of 0.71% at 229.82 in the inter-bank market as a shortage of greenback kept the local currency under pressure.