The current rate for US Dollar stands at Rs278.55, as the interbank exchange rate saw a minor 25 paisas dip. In a report from currency dealers, it was revealed that on the first day of the business week, the interbank rate for the US dollar saw a decrease of 25 paisas, bringing the exchange rate to Rs278.55. Over the past week, the interbank rate for the US dollar had seen a significant overall increase of more than Rs1.19. The interbank exchange rate for the US dollar rose by Rs1.19, resulting in the US dollar being closed at Rs278.80 last week. The value of the dollar remained relatively stable in comparison to the Pakistani currency, after a continuous decline of five weeks.

 Credit: Independent News Pakistan (INP)