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Markets

Rupee slides against dollar

  • Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 159.5 and Rs. 160.5 respectively.
27 Nov 2020

ISLAMABAD: The exchange rate of Pakistani rupee lost 20 paisas against US dollar in the interbank trading on Friday and closed at Rs. 159.46 against the previous day's closing of 159.26.

Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs. 159.5 and Rs. 160.5 respectively.

In interbank trading, the price of euro appreciated by 31 paisas and closed at Rs. 190. 20 against the last day’s trading of Rs. 189.89, State Bank of Pakistan reported.

The Japanese Yen gained one paisa to close at Rs. 1.53, whereas an increase of 40 paisas was witnessed in the exchange rate of British Pound which was traded at Rs. 213.21 as compared to its last closing of Rs. 212.81.

The exchange rates of Emirates Dirham and Saudi Riyal increased by 5 paisas and 6 paisas to close at Rs. 43.41 and Rs. 42.51 respectively.

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