The exchange rate of the Pakistani rupee depreciated by 51 paisa against the US dollar in the interbank trading on Monday and closed at Rs230.15 against the previous day’s closing of Rs229.66. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs237.85 and Rs240.1 respectively.
The price of the euro increased by Rs2.32 and closed at Rs251.18 against the previous day’s closing of Rs248.86, according to the State Bank of Pakistan (SBP). The Japanese yen lost two paisa to close at Rs1.76, whereas an increase of Rs1.77 was witnessed in the exchange rate of the British pound, which was traded at Rs285.65 as compared to its last closing of Rs283.88.
The exchange rates of the Emirates dirham and Saudi riyal increased by 14 paisa each to close at Rs62.66 and Rs61.28 respectively.
