Dollar down vs Rupee in open market

KARACHI: Dollar slipped under Rs84 level, as the greenback depreciated versus Pakistani rupee in open market, Geo News reported Friday. According to Forex Association of Pakistan, the dollar is being purchased at Rs83.90 and sold at Rs83.94 in the open market

KARACHI: Dollar slipped under Rs84 level, as the greenback depreciated versus Pakistani rupee in open market, Geo News reported Friday.

According to Forex Association of Pakistan, the dollar is being purchased at Rs83.90 and sold at Rs83.94 in the open market.

According to President Forex Association of Pakistan Malik Bostan, the demand for dollar and Saudi Riyal after witnessing peak season owing to the Hajj, now is on the decrease. This has given rise to rupee appreciation.

In interbank market, dollar went down by nine paisa vs rupee, as dollar is being purchased at Rs83.56 and sold at Rs83.60.