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Pakistani rupee records sharp drop in early trading vs dollar -trade data By Reuters

Pakistani rupee records sharp drop in early trading vs dollar -trade data

© Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo

KARACHI, Pakistan (Reuters) – The dropped about 1.8% in early trading on Thursday against the U.S. dollar in official bank exchange rates, according to trade data and investment houses, a day after it fell over 1% in the open market.

The rupee closed at 230.40 to the dollar on Wednesday in the interbank official rate, and slipped to 235 rupees early on Thursday when the market reopened.

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