Rupee loses 2 paisa against dollar in interbank
ISLAMABAD: The exchange rate of Pakistani rupee against US dollar witnessed decrease of 02 paisa in interbank on Tuesday and traded at Rs 158.42 against Rs 158.40 on last trading day, State Bank of Pakistan (SBP) reported.
However, according to Forex Association of Pakistan the buying and selling rates of Dollar in open market were recorded at Rs 157.5 and Rs 159.5 respectively.
The SBP further reported that in interbank, the price of Euro depreciated by Rs 2.01 and traded at Rs 175.88 against the last closing of Rs 177.89 on last trading day.
The Japanese yen depreciated by 01 paisa to close at Rs 1.48 whereas a decrease of Rs 2.22 was witnessed in the exchange rate of British Pound which was traded at Rs 193.31 as compared to its last closing of Rs 195.53.
The Exchange rate of UAE Dirham and Saudi Rayal witnessed increase of 01 paisa each to close at Rs 43.13 and Rs 42.21 respectively, the SBP reported.
Gold price increases Rs 500, traded at Rs 89,500 per tola
Meanwhile, the price of 24 karat gold increased by Rs 500 per tola on Tuesday and was traded at Rs 89,500 as compared to Rs 89,000 of last trading day, Karachi Sarafa Association reported.
Likewise, the price of 10 gram gold witnessed an increase of Rs 429 and was traded at Rs 76,732 as compared to Rs 76,303 during last trading day. The price of silver remained stable at Rs 900 per tola whereas the prices of 10 gram silver also witnessed no change and was traded at Rs 771.6.
In international market, the price of per ounce gold appreciated by $3 and was traded at $ 1473 against $ 1470 of last trading day, Karachi Sarafa Association reported. - APP