ISLAMABAD: The exchange rate of Pakistani rupee declined by 46 paisas against the US dollar in the interbank trading on Monday and closed at Rs. 166.29 as compared to the last closing of Rs. 165.83.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165.5 and Rs. 166.1 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 45 paisas and closed at Rs. 196.18 against the last day’s trading of Rs. 196.63.

The Japanese Yen gained one paisa to close at Rs. 1.59, whereas a decrease of Rs. 1.72 was witnessed in the exchange rate of British Pound which was traded at Rs. 213.52 as compared to its last closing of Rs. 215.24.

The exchange rates of Saudi Riyal and Emirates Dirham also increased by 12 paisas and 13 paisas to close at Rs. 44.33 and Rs. 45.27 respectively.