Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 160.7 and Rs. 161.6 respectively.
The ECB has criticised Donald Trump's outgoing administration for its protectionist stance and was attacked by the U.S. president over the euro-dollar exchange rate.
The U.S. currency teetered near a two-month low against the Australian dollar and a two-year low against the New Zealand dollar, both considered barometers of risk sentiment due to their close ties with the global commodities trade.