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Markets

Rupee continues bullish trend

  • The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 80 paisas and closed at Rs. 192.75 against the last day’s trading of Rs. 193.55.
02 Oct 2020

ISLAMABAD: The exchange rate of Pakistani rupee strengthened by 50 paisas against US dollar in the interbank trading on Friday and closed at Rs. 164.50 against the previous day's closing of 165.00.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165 and Rs. 165.7 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 80 paisas and closed at Rs. 192.75 against the last day’s trading of Rs. 193.55.

The Japanese Yen remained unchanged to close at Rs. 1.56, whereas an increase of Rs. 1.05 was witnessed in the exchange rate of British Pound which was traded at Rs. 212.95 as compared to its last closing of Rs. 211.90.

The exchange rates of Emirates Dirham and Saudi Riyal declined by 14 paisas each to close at Rs. 44.78 and Rs. 43.85 respectively.