KARACHI: Pakistani rupee snapped its five-week losing streak against the US dollar and appreciated last week by 8.68 percent in open market and 0.82 percent in the interbank market. According to details, the local unit closed the week in the range of 301-305 against the dollar in the open market on Friday after opening the week at 330-334 on Monday, rising by Rs29 (+8.68 percent). According to the figures shared by the State Bank of Pakistan, the rupee opened at 305.47 against the US dollar in the interbank market on Monday last and closed at 302.95 on Friday, going up by Rs2.52 (+0.82 percent) against the greenback. However, rupee has depreciated in the interbank market by Rs16.96 during the current fiscal year 2023-24 and Rs75.52 in the current year. TLTP
