Rupee declines against dollar

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KARACHI: Pakistani rupee falls as dollar’s demand increased in the market. The rupee declined against the dollar in interbank and open market. Dollar has reached to 103 rupees in open market.

Experts said that Pakistani rupee fell as rise in demand for dollar was witnessed in the open market.

Increased dollar demand from importers in the last trading session led the rupee to lose a further 10 paisas, as the greenback closed the week at 103 rupees and 103.20 rupees.