Pakistani Rupee Witnesses 05 Paisa Decline Against US Dollar

Tue Mar 07 2023
icon-facebook icon-twitter icon-whatsapp

ISLAMABAD: The Pakistan rupee weakened by 05 paisa against the Dollar in the interbank trading on Tuesday and closed at Rs 277.86 against the previous day’s closing of Rs 277.91.

As per reports by the FAP (Forex Association of Pakistan), the buying and selling rates of the US dollar in the open market were recorded at Rs 277.2 and Rs 280, respectively.

Pak Rupee Against other Currencies

Like the Dollar, other international currencies were also appreciated against Pakistan Rupee. The price of the Euro witnessed an increase of Rs 1.60  and closed at Rs 297.13 against the last day’s closing of Rs 295.53, according to SBP (State Bank of Pakistan).

However, the Japanese Yen was traded without change and closed at Rs 2.04, whereas the British Pound witnessed an increase of 76 paisa and was traded at Rs 335.10 as compared to its last day’s closing of Rs 334.34.

The exchange rates in the domestic market for the Emirates Dirham and Saudi Riyal went down by 01 paisa each to close at Rs 75.65 and Rs 74.03, respectively.

icon-facebook icon-twitter icon-whatsapp