Pakistani rupee (PKR) on Wednesday appreciated by 05 paisa against the US dollar (USD) in the interbank trading and closed at Rs278.87 against the previous day’s closing of Rs278.92.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.30 and Rs 280.80, respectively.

As per the State Bank of Pakistan (SBP), the price of the Euro decreased by 48 paisa to close at Rs290.55 against the last day’s closing of Rs291.03.

The Japanese yen remained unchanged and closed at Rs1.79, whereas an increase of 23 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs347.25 as compared to the last day’s closing of Rs347.02.

The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 02 paisa each to close at Rs 75.92 and Rs74.34 respectively..

A day earlier, the Pakistani rupee (PKR) depreciated by 08 paisa against the US dollar (USD) in the interbank trading and closed at Rs 278.83 against the previous day’s closing of Rs 278.75.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.90 and Rs 281.30, respectively.

As per the State Bank of Pakistan (SBP), the price of the Euro increased by 10 paisa to close at Rs 291.71 against the last day’s closing of Rs 291.61.