Rupee gains 09 paisas against dollar

ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 09 paisas against the US dollar in the interbank on Thursday to close at Rs. 168.13 as compared to the last closing of Rs. 168.22.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 168 and Rs. 167 respectively.

The State Bank of Pakistan reported that in interbank, the price of euro appreciated by 70 paisas to close at Rs. 199.35 against the last day’s trading of Rs. 198.65.

The Japanese Yen remained unchanged and closed at Rs. 1.59, whereas an increase of Rs. 1.69 was witnessed in the exchange rate of British Pound which was traded at Rs. 221.54 as compared to its last closing of Rs. 219.85.

The exchange rates of Saudi Riyal and Emirates Dirham decreased by 02 paisas each to close at Rs. 44.83 and Rs. 45.77 respectively.