Rupee sheds 02 paisa against dollar

ISLAMABAD   -   Pakistani Rupee on Wednesday depreciated by 02 paisa against the US dollar in the interbank trading and closed at Rs278.39 against the previous day’s closing of Rs278.37. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.6 and Rs280.35, respectively. The price of the Euro increased by 41 paisa to close at Rs297.57 against the last-day closing of Rs297.16, according to the State Bank of Pakistan (SBP). The Japanese Yen remained unchanged to close at Rs1.79, whereas an increase of Rs2.03 was witnessed in the exchange rate of the British Pound, which was traded at Rs346.01 compared to the last closing of Rs343.98.

There was no change in the price Emirates Dirham as it closed at Rs75.79, and the Saudi Riyal increased by 01 paisa to at Rs74.22.

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