Markets

Rupee gains 70 paisas against dollar

  • However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165.1 and Rs. 165.8 respectively.
Published October 1, 2020

ISLAMABAD: The exchange rate of Pakistani rupee strengthened by70 paisas against US dollar in the interbank trading on Thursday and closed at Rs. 165.00 against the previous day's closing of 165.70.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165.1 and Rs. 165.8 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 78 paisas and closed at Rs. 193.55 against the last day’s trading of Rs. 194.33.

The Japanese Yen remained unchanged to close at Rs. 1.56, whereas a decrease of 77 paisas was witnessed in the exchange rate of British Pound which was traded at Rs. 211.90 as compared to its last closing of Rs. 212.67.

The exchange rates of Emirates Dirham and Saudi Riyal declined by 18 paisas each to close at Rs. 44.92 and Rs. 43.99 respectively.

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