Karachi: Exchange companies have decided to cap the currency sand.
According to the Exchange Companies Association, efforts have been made to reduce the value of other currencies including the dollar.
General Secretary Zafar Paracha said that the dollar has depreciated by two and a half rupees in the open market. The dollar has decreased from 227.90 rupees to 225.40 paise in the open market.
According to the report, the Euro has become cheaper by Rs 4.05 in the open market.
Similarly, in the open market, the British pound has become cheaper by 5 rupees 60 paise. The British pound has decreased from 258.50 rupees to 252.90 rupees.
The UAE dirham remained at 63 rupees 60 paise while the Saudi riyal fell by 80 paise to 59 rupees 80 paise.