Pakistani rupee exhibited a fall in value in both interbank and open markets against USD after markets opened on Thursday. It also fell in value against Euro, AED and SR in open market.
Against Euro, PKR exchange rate weakened by 2 rupees for buying and by 1.50 rupees for selling closing at 175 and 176.50 respectively.
Against UAE Dirham, PKR exhibited no change in rate for buying while losing 20 paisas selling over last Thursday's rates closing at 43.20 and 43.60 respectively.
Against Saudi Riyal, PKR weakened by 10 paisas for buying and by 30 paisas for selling closing at 42.20 and 42.60 respectively.
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Open Bid Rs 161.30
Open Offer Rs 161.80
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Bid Rate Rs 161.20
Offer Rate Rs 161.80
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According to currency dealers, the short supply phenomenon of the greenback prevailed throughout the trading session which helped its appreciation for buying and selling at Rs 160.00 and Rs 161.20 against the previous closing rate of Rs 159.80 and Rs 161.00 respectively.
Likewise, the national currency also followed the suit in relation to the pound sterling that was bought and sold at Rs 194.50 and Rs 196.00 against the last closing trend of Rs 193.50 and Rs 195.00 respectively, they added.
The dollar resumed trading at Rs161.50(buying) and Rs 161.60(selling) against same last rate.
It closed at Rs161.50(buying) and Rs 161.60(selling).
The buying and selling rates of one tola of gold were Rs. 104,200(selling) and Rs. 104,100 ( buying) in the local Sarafa (gold) markets of twin cities of Islamabad and Rawalpindi here on Thursday.