US dollar continues to rise, reaches Rs157.50 in open market

KARACHI: The US dollar continued its upward trajectory against the Pakistani rupee on Friday.

In the open market, the dollar increased by Rs4 to reach Rs157.50.

The US dollar rose by Rs2.94 in the interbank market to reach Rs155.84.

On Thursday, the Pakistani rupee continued to weaken against the US dollar, shedding Rs1.33 in the interbank market.

Following the rise in the interbank, the US dollar also strengthened in the open market with an Rs1.50 increase to be traded at Rs153.50.