Dollar takes another plunge against rupee

The US dollar  gained 76 paisas against the Pakistani currency as it fell from Rs161.12 to Rs 160.36 at the close of inter-bank trading on Wednesday.

According to Pakistan Forex traders, the US dollar was traded at Rs158.5 against the rupee.

At the trading opening dollar took a further dive as it lost Rs 1.62 in value against the Pakistani currency. The dollar slumped by Rs1.62 in inter-bank and reached at Rs159.59 against the Pakistani rupee.

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Earlier on Tuesday, the US dollar took a further hit as it lost Rs 2.37 in value against the Pakistani currency at the closing time of trading. The dollar slumped by Rs 2.37 in inter-bank and reached at Rs 161.12 against the Pakistani rupee.

In Tuesday early training, the dollar slumped by Rs1.99 in inter-bank and reached at Rs161.50 against the Pakistani rupee.