Pakistani Rupee Gains Against USD as Euro and Pound Rise
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.75 and Rs 280.25 respectively.
The price of the Euro increased by 63 paise to close at Rs 309.58 against the last day’s closing of Rs 308.95, according to the State Bank of Pakistan (SBP).
The Japanese yen remained unchanged and closed at Rs1.94, whereas an increase of 81 paise was witnessed in the exchange rate of the British Pound, which traded at Rs367.19 as compared to the last day’s closing of Rs366.38.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 03 paise each to close at Rs75.84 and Rs74.20 respectively.
Pakistani rupee strengthens against US dollar
Yesterday, the Pakistani rupee appreciated by 09 paise against the US dollar in the interbank trading and closed at Rs 278.67.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.75 and Rs 280.25 respectively.
The price of the Euro increased by 88 paise to close at Rs 308.95 against the last day’s closing of Rs 308.07, according to the State Bank of Pakistan (SBP).
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