US dollar depreciates 20 paisa against rupee in interbank market

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ISLAMABAD (City News) – The exchange rate of US dollar against rupee witnessed decrease of 19 paisa in interbank on Thursday and was traded at Rs154.88 as compared to the last closing at Rs155.07, State Bank of Pakistan (SBP) reported.

However, according to Forex Association of Pakistan the buying and selling rates of dollar in open market were recorded at Rs155.5 and Rs156.3.

The SBP further reported that in interbank the price of Euro depreciated by Rs0.37 and was traded at Rs172.21 against the last closing of Rs172.58.

The exchange rate of Japanese Yen witnessed nominal decrease of 1 paisa and was traded at Rs1.41 whereas the decrease of Rs1.34 was witnessed in the exchange rate of British Pound which was traded at Rs202.68 as compared to last closing of Rs204.02.

Exchange rate of UAE Dirham lost 06 paisa and was traded at Rs42.16 compared to Rs42.22 whereas Saudi Rayal also decreased by 05 paisa and was traded at Rs 41.28 against Rs41.33, the data revealed.

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