Rupee Sheds 05 Paisa Against Dollar

APP

Islamabad: Pakistani rupee on Wednesday depreciated by 05 paisa against the US dollar in the interbank trading and closed at Rs277.72 against the previous day’s closing of Rs277.67.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.25 and Rs279.75 respectively.

The price of Euro decreased by 78 paisa to close at Rs304.42 against the last day’s closing of Rs305.20, according to the State Bank of Pakistan (SBP).

The Japanese yen came down by 02 paisa and closed at Rs1.86, whereas a decrease of 10 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs363.38 as compared to the last day’s closing of Rs363.48.

The exchange rates of the Emirates Dirham and Saudi Riyal increased by 02 paisa 03 paisa to close at Rs75.61 and Rs73.97.