US dollar falls by 70 paisa in one week

KARACHI  – In one week, the US dollar fell by Rs 0.66 in the interbank market and by Rs 0.70 in the open market.

During the past trading week, the US dollar fell from Rs 164.50 to Rs 163.84 in the interbank market while in the open market, the dollar fell from Rs 164.80 to Rs 164.10 in one week.

Dealers said the dollar depreciated during the week due to lower import payments and higher exports.