Rupee Gains 10 Paisa Against Dollar

APP

Islamabad: The exchange rate of the Pakistan rupee appreciated by 10 paisa against the US dollar in interbank trading on Tuesday, closing at Rs 278.40 compared to the previous day’s closing of Rs 278.50.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market were Rs 279 and Rs 281, respectively.

The price of the Euro decreased by 58 paisa to close at Rs 301.17 against the previous day’s closing of Rs 301.75, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged, closing at Rs 1.73. Meanwhile, a decrease of 48 paisa was observed in the exchange rate of the British Pound, which traded at Rs 356.39 compared to the last day’s closing of Rs 356.87.

The exchange rates of the Emirates Dirham and the Saudi Riyal also decreased by 3 paisa each, closing at Rs 75.79 and Rs 74.21, respectively.