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Markets

Rupee extends gains against dollar

  • The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 38 paisas to close at Rs. 195.01 against the last day’s trading of Rs. 195.39.
Published July 28, 2020

ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 41 paisas against US dollar in the interbank on Tuesday to close at Rs. 166.45 as compared to the last closing of Rs. 166.86.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 166.3 and Rs. 167 respectively.

The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 38 paisas to close at Rs. 195.01 against the last day’s trading of Rs. 195.39.

The Japanese Yen lost one paisa to close at Rs. 1.57, whereas a decrease of two paisas was witnessed in the exchange rate of British Pound which was traded at Rs. 214.10 as compared to its last closing of Rs. 214.12.

The exchange rates of Saudi Riyal and Emirates Dirham decreased by 12 paisas each to close at Rs. 44.37 and Rs. 45.31 respectively.

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