Rupee Sheds 09 Paisa Against Dollar

APP

Islamabad: Pakistani rupee on Wednesday depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs 278.74 against the previous days closing of Rs 278.65.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.3 and Rs 280.5 respectively. 

The price of Euro came down by 14 paisa to close at Rs 301.43 against the last days closing of Rs 301.57, according to the State Bank of Pakistan (SBP).

The Japanese yen went up by 06 paisa and closed at Rs1.85, whereas a decrease of 40 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs357.77 as compared to the last day’s closing of Rs358.17.

The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 02 paisa each to close at Rs75.88 and Rs74.29 respectively.