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Markets

Rupee falls against dollar

  • The exchange rates of Saudi Riyal and Emirates Dirham increased by 07 paisas each to close at Rs. 44.84 and Rs. 45.78 respectively.
Published August 17, 2020

ISLAMABAD: The exchange rate of Pakistani rupee fell by 23 paisas against the US dollar in the interbank trading on Monday and closed at Rs. 168.16 as compared to the last closing of Rs. 167.93.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 167.7 and Rs. 168.3 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro appreciated by 30 paisas and closed at Rs. 198.97 against the last day’s trading of Rs. 198.67.

The Japanese Yen remained stable at Rs. 1.57, whereas an increase of 36 paisa was witnessed in the exchange rate of British Pound which was traded at Rs. 220.04 as compared to its last closing of Rs. 219.68.

The exchange rates of Saudi Riyal and Emirates Dirham increased by 07 paisas each to close at Rs. 44.84 and Rs. 45.78 respectively.

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