The exchange rate of US Dollar weakened by Rs2.23 paisa in the interbank on Wednesday against Pakistani rupee.

The dollar was quoted at around 200.61 when compared to the all-time low of 202.83 reported yesterday. In open market the greenback was being traded at Rs201.5.

During last session, the local currency remained under severe pressure and even touched 204 against the US dollar before recovering to 202.83.