Rupee on losing streak, sheds 50 paisa against US dollar

Rupee on losing streak, sheds 50 paisa against US dollar

Islamabad (Web Desk): Pakistani Rupee on Wednesday witnessed 50 paisa depreciation against the US Dollar in the interbank trading and closed at Rs 286.89 against the previous day’s closing at Rs 286.39.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the US dollar in the open market stood at Rs 286.5 and Rs 289 respectively.