Categories: Business

Rupee sheds 30 paisas against dollar

F.P. Report

KARACHI: Pakistan rupee witnessed 30 paisas devaluation against the Dollar in the interbank trading on Monday and closed at Rs284.70 against the previous day’s closing of Rs284.40.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of Dollars in the open market were recorded at Rs287.5 and Rs290, respectively.

The price of the Euro decreased by Rs1.67 to close at Rs313.09 against the last day’s closing of Rs314.76, according to the State Bank of Pakistan (SBP).

The Japanese Yen declined by 02 paisas and stood at Rs2.12; whereas a drop of Rs2.78 was witnessed in the exchange rate of the British Pound, which traded at Rs353.72 as compared to its last day’s closing of Rs356.50.

The exchange rate of the Emirates Dirham and Saudi Riyal dipped by 08 paisas each to close at Rs77.52 and Rs75.90, respectively.

The Frontier Post

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