Rupee loses 10 paisa against US dollar in interbank
ISLAMABAD (City News) – The exchange rate of Pakistani rupee against US dollar witnessed decrease of 10 paisa in interbank on Friday and traded at Rs158.67 against Rs158.57 on last trading day, 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 Rs158 and Rs159.5 respectively.
The SBP further reported that in interbank, the price of Euro depreciated by 99 paisa and traded at Rs171.18 against the last closing of Rs172.17 on last trading day.
The Japanese yen depreciated by 01 paisa to close at Rs1.44 whereas an increase of Rs4.76 was witnessed in the exchange rate of British Pound which was traded at Rs188.31 as compared to its last closing of Rs183.55.
The Exchange rate of UAE Dirham and Saudi Rayal witnessed increase of 03 paisa each to close at Rs43.20 and Rs42.19 respectively, the SBP reported.