Dollar Rises Above Rs280 in Pakistan's Open Market
The US dollar has strengthened in Pakistan's open market, crossing the Rs280 mark after gaining 20 paisa. This modest increase has been attributed to increased demand for the currency during the current month.
According to media reports, the dollar was being sold at Rs280.02 in the open market on Friday. Open market currency dealers have confirmed that demand for the US dollar has risen this month, contributing to the upward movement in its exchange rate.