Rupee weakens against dollar in interbank
ISLAMABAD: The exchange rate of Pakistani rupee fell by 17 paisa in the interbank on Thursday against the US dollar to close at Rs160.22 against the last closing of Rs 160.05.
However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs 159.5 and Rs 161 respectively.
The State Bank of Pakistan (SBP) reported that in interbank, the price of euro appreciated by 33 paisa to close at Rs 173.08 against the last day’s trading of Rs 172.75.
The Japanese yen remained stable at Rs 1.50 whereas an increase of 19 paisa was witnessed in the exchange rate of British pound which was traded at Rs 198.18 as compared to its last closing of Rs 197.99.
The exchange rates of Saudi Riyal and UAE Dirham appreciated by 05 paisa each to close at Rs 42.65 and Rs 43.62 respectively. - APP