Pakistani rupee (PKR) devalued by 06 paisa against the US dollar in the interbank trading and closed at Rs 278.17 against the previous day’s closing of Rs 278.11.

As per the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.70 and Rs 279.20 respectively.

According to the State Bank of Pakistan (SBP), the price of Euro increased by Rs1.22 to close at Rs 292.28 against the last day’s closing of Rs 291.06,

The Japanese yen remained unchanged and closed at Rs1.81, whereas an increase of 20 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs351.44 as compared to the last day’s closing of Rs351.24.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 02 and 01 paisa to close at Rs75.73 and Rs74.02, respectively.

Last week, the Pakistani rupee (PKR) appreciated by 03 paisa against the US dollar (USD) in the interbank trading on Monday and closed at Rs277.97 against the previous day’s closing of Rs278.00.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.50 and Rs279.00 respectively.

As per the State Bank of Pakistan (SBP), the price of the Euro decreased by 54 paisa to close at Rs293.66 against the last day’s closing of Rs294.20,

The Japanese yen remained unchanged and closed at Rs1.84, whereas a decrease of one paisa was witnessed in the exchange rate of the British Pound, which traded at Rs354.82 as compared to the last day’s closing of Rs354.83.

The exchange rate of the Emirates Dirham remained stagnant and closed at Rs75.68 while the Saudi Riyal decreased by 01 paisa to close at Rs73.99.

Source: APP