Dollar depreciates by Rs2.98 in Interbank market
For the past one week, the value of the dollar has been rising at a historic rate, but after the Supreme Court’s decision, the country is witnessing a stabilization at the business level.
At the Interbank Foreign Exchange (IFEX), the dollar depreciated sharply by Rs2.98 on Friday April 8.
After a significant decline in the interbank market, the dollar depreciated to Rs185.20, while in the open market, the dollar is being sold for more than Rs186.
Yesterday, the value of the dollar had increased by Rs 2.80 and the dollar crossed Rs188.
The dollar traded at Rs189 on the interbank market yesterday while it was traded at Rs190 in the open market.