Pakistani Rupee Downslide Continues, Sheds 56 Paisa Against US Dollar

Wed Apr 05 2023
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ISLAMABAD: Pakistan rupee weakened further by 56 paisa against the American Dollar in the interbank trading on Wednesday and closed at Rs 287.85 against the previous day’s closing of Rs 287.29.

According to FAP (Forex Association of Pakistan), the buying and selling rates of the US Dollar in the open market were recorded at Rs 289.5 and Rs 292, respectively.

Pak Rupee Against Euro, Pound, Others

The Euro’s price also increased by Rs 2.17, which closed at Rs 315.60 against the last day’s closing of Rs313.43, according to the SBP (State Bank of Pakistan).

The Japanese Yen gained 02 paisa to close at Rs 2.18, whereas an increase of Rs 2.67 was witnessed in the exchange rate of the British Pound, which traded at Rs 360.00 against its last day’s closing of Rs 357.33.

The exchange rate of the Emirates Dirham and Saudi Riyal increased by 15 paisas each to close at Rs 78.37 and Rs 76.74, respectively.

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