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Wednesday, February 8, 2023
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HomeBusinessRupee sheds 2 paisas

Rupee sheds 2 paisas

The exchange rate of the Pakistani rupee depreciated by 02 paisa against the US dollar in the interbank trading on Friday and closed at Rs227.13 against the previous day’s closing of Rs227.11. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs234.25 and Rs236.5 respectively. The price of the euro decreased by Rs2.05 and closed at Rs239.15 against the previous day’s closing of Rs241.20, according to the State Bank of Pakistan (SBP). The Japanese yen lost three paisa to close at Rs1.71, whereas a decrease of Rs2.47 was witnessed in the exchange rate of the British pound, which was traded at Rs270.36 as compared to its last closing of Rs272.83. The exchange rates of the Emirates dirham and Saudi riyal increased by 01 paisa and 02 paisa to close at Rs61.83 and Rs60.43 respectively.

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