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Pakistan

Rupee value appreciates Rs0.71 against dollar

Published August 23, 2019 Updated August 23, 2019 07:39pm

ISLAMABAD: The exchange rate of dollar dropped by Rs. 0.71 against Pak rupee in interbank and traded at Rs. 157.52 as compared to the last closing at Rs. 158.23, State Bank of Pakistan (SBP) reported on Friday.

However, according to Forex association of Pakistan the buying and selling rates of dollar in open market were recorded at Rs. 157.2, and Rs158.1 respectively.

The SBP further reported that in interbank the price of Euro also increased by Rs. 0.75  and traded at Rs. 174.20 as compared to last closing at Rs. 175.45.

The exchange rate of Japanese yen depreciated by Rs. 0.01 to Rs. 1.47 compared to last closing of Rs. 1.48,  whereas increase of 29 paisas was witnessed in exchange rate of British Pound which traded at Rs. 192.45 as compared to last closing at Rs192.16.

Exchange rates of UAE Dirham and Saudi Rayal dipped by 20 paisas and 19 paisas after which they traded at Rs. 42.87 and Rs. 42 against Rs. 43.07 and Rs. 42.19 respectively.

 

Copyright APP (Associated Press of Pakistan), 2019

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