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Markets

Rupee recovers 19 paisas against dollar

  • The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 42 paisas to close at Rs. 197.61 against the last day’s trading of Rs. 198.03.
Published August 12, 2020

ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 19 paisas against the US dollar in the interbank on Wednesday to close at Rs. 168.07 as compared to the last closing of Rs. 168.26.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 168.1 and Rs. 168.7 respectively.

The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 42 paisas to close at Rs. 197.61 against the last day’s trading of Rs. 198.03.

The Japanese Yen lost one paisa to close at Rs. 1.57, whereas a decrease of 59 paisas was witnessed in the exchange rate of British Pound which was traded at Rs. 219.59 as compared to its last closing of Rs. 220.18.

The exchange rates of Saudi Riyal and Emirates Dirham decreased by 05 paisas and 06 paisas to close at Rs. 44.81 and Rs. 45.75 respectively.

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