ISLAMABAD: Amid unending fluctuation for the last couple of weeks with a tiring wait for the next tranche of IMF, the Pakistan rupee’s upward and downward movement continued as the local currency gained 02 paisas against the American dollar in the interbank trading on Tuesday, and closed at Rs 283.55 compared to the previous day’s closing of Rs 283.57.
According to FAP (Forex Association of Pakistan), the buying and selling rates of dollars in the open market were recorded at Rs 284.3 and Rs 287.1, respectively.
Pak Rupee Against Euro, Pound, and Riyal
The price of the Euro increased by Rs1.9 and closed at Rs 307.05 against the closing of Rs 305.15 last day, according to the State Bank of Pakistan (SBP).
The Japanese Yen remained unchanged and closed at Rs 2.16, while a surge of Rs 1.95 was witnessed in the exchange rate of the British Pound, which was traded at Rs 349.33 as compared to its last day’s closing of Rs 347.38.
The exchange rates of the Emirates Dirham witnessed a decrease of 01 paisa, and the Saudi Riyal went up by 01 paisa to close at Rs 77.20 and Rs 75.49, respectively.