Rupee Gains 9 Paisa Against Dollar

APP

Islamabad: The Pakistani rupee appreciated by 9 paisa against the US dollar in interbank trading on Tuesday, closing at Rs278.95 compared to the previous day’s closing of Rs279.04.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs279.50 and Rs281.00, respectively.

Meanwhile, the price of the Euro increased by Rs2.98 to close at Rs288.02, up from the previous day’s Rs285.04, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged at Rs1.79, whereas the British Pound saw an increase of Rs3.55, trading at Rs346.31 compared to the last day’s closing of Rs342.76.

The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 3 and 2 paisa, respectively, closing at Rs75.94 and Rs74.37.