Pakistani rupee depreciated by almost one rupee as compared to Friday's exchange rates in both open and interbank markets against major currencies that are typically reported here.
INTER-BANK MARKET RATES: Pakistani rupee depreciated by Rs 1.10 against USD in interbank market for buying while for selling it depreciated by 50 paisas closing at 161.30 and 161.50 respectively.
OPEN MARKET RATES: In the open market, PKR depreciated by one rupee for both buying and selling against USD closing at 159.50 and 160.50 respectively.
Against Euro PKR followed a similar trend depreciating by one rupee for both buying and selling and closing at 171 and 173 respectively.
Against UAE Dirham, PKR exchange rate remained unchanged for buying whereas for selling it depreciated by 10 paisas closing at 42 and 42.50 respectively.
Against Saudi Riyal, PKR went down by one rupee for both buying and selling closing at 41 and 41.50 respectively.
LAHORE
The Pak rupee maintained upward trend versus the greenback and the British pound in the open currency market on Tuesday.
Amidst lack of buyers' interest in the market, the dollar remained under selling pressure and ended lower for buying and selling at Rs 158.50 and Rs 160.50, respectively, local currency dealers said.
Similarly, the Pak rupee also followed the suit in relation to the pound sterling that was bought and sold at Rs 195.50 and Rs 197.50, respectively, they added.
ISLAMABAD
The dollar gained 50 paisas against the rupee at the open currency markets of Islamabad and Rawalpindi on Tuesday.
The dollar opened at Rs161.50 (buying) and Rs 161.60(selling) against last rate of Rs161(buying) and Rs 161.10(selling).
It closed at Rs161.50(buying) and Rs 161.60(selling).
The buying and selling rates of one tola of gold were Rs 103,300 and Rs 103,000(buying) in the local Sarafa(gold) markets of twin cities of Islamabad and Rawalpindi.
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