Rupee continues recovery against US dollar
- According to State Bank of Pakistan (SBP), the rupee strengthened by 18 paisas on Monday compared to the previous closing of 164.50.
ISLAMABAD: The exchange rate of Pakistani rupee hit over three-and-a-half-month high at Rs. 164.32 against the US dollar in the interbank on Monday.
According to State Bank of Pakistan (SBP), the rupee strengthened by 18 paisas on Monday compared to the previous closing of 164.50.
Meanwhile according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 164.5 and Rs. 165.3 respectively.
In interbank trading, the price of euro appreciated by 16 paisas and closed at Rs. 192.91 against the last day’s trading of Rs. 192.75.
The Japanese Yen lost one paisa to close at Rs. 1.55, whereas a decrease of 11 paisas was witnessed in the exchange rate of British Pound which was traded at Rs. 212.84 as compared to its last closing of Rs. 212.95.
The exchange rates of Emirates Dirham and Saudi Riyal declined by 05 paisas each to close at Rs. 44.73 and Rs. 43.80 respectively.
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