Rupee gains 22 paisas against dollar

ISLAMABAD - Pakistani rupee on Thursday gained 22 paisas against US dollar in the interbank trading and closed at Rs285.16 against the previous day’s closing at Rs285.38. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs285.25 and Rs287.8 respectively. The price of the Euro decreased by Rs1.12 to close at Rs 312.37 against the last day’s closing of Rs 313.49, according to the State Bank of Pakistan (SBP). The Japanese Yen gained one paisa to close at Rs 1.94; whereas a decrease of 11 paisas was witnessed in the exchange rate of the British Pound, which traded at Rs 362.17 as compared to the last closing of Rs 362.28. The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 06 and 07 paisa to close at Rs 77.65 and Rs 76.01 respectively.

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