KARACHI: The greenback increased value against the rupee in the interbank and shed value in open market. The greenback closed at Rs 115.50 for buying and Rs 115.70 for selling, gaining 10 paisas. The rupee is likely to remain under pressure because of rising demand by the corporate sector for its import payments. Banks are failing to meet their demand, which puts the rupee under pressure. The euro closed at Rs 142.50 for buying and Rs 142.70 for selling, gaining 10 paisas. The pound sterling closed at Rs 164.70 for buying and Rs 164.90 for selling. It improved value by 18 paisas. Kerb market: The dollar ended lower in the open currency market. Demand remained dull from private sector buyers. The US dollar closed at Rs 116.60 for buying and Rs 116.80 for selling, shedding 10 paisas from previous session’s level. Earlier in the day it was trading at Rs 116.61 for buying and Rs 116.81 for selling. The pound sterling closed at Rs 164.75 for buying and Rs 164.95 for selling, it remained dull by 25 paisas. The euro closed at Rs 142.50 for buying and Rs 142.70 for selling. It gained 25 paisas. Published in Daily Times, April 17th 2018.