Categories: Business

Rupee sheds against dollar

F.P. Report

KARACHI: The exchange rate of the Pakistani rupee depreciated by Rs2.53 against the US dollar in the interbank trading on Thursday and closed at Rs271.35 against the previous day’s closing of Rs268.82.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs269 and Rs270.70 respectively.

The price of the euro appreciated by Rs5.93 and closed at Rs298.57 against the previous day’s closing of Rs292.64, according to the State Bank of Pakistan.

The Japanese yen increased by 04 paisa to close at Rs2.10, whereas an increase of Rs4.70 was witnessed in the exchange rate of the British pound, which was traded at Rs. 335.85 as compared to its last closing of Rs. 331.15.

The exchange rates of the Emirates dirham and Saudi riyal increased by 66 paisa each to close at Rs73.87 and Rs72.30 respectively.

The Frontier Post

Recent Posts

Imad denies rift with Babar, wants to win World Cup

LAHORE (Monitoring Desk): Pakistan all-rounder Imad Wasim on Saturday, once again brushed aside the claims…

12 hours ago

Sultan Azlan Shah Cup: Pakistan seals thrilling 5-4 victory over Malaysia

ISLAMABAD (Monitoring Desk): In a gripping showdown at the Sultan Azlan Shah Cup, Pakistan secured…

12 hours ago

Arsenal power four points clear as Burnley sink towards relegation

LONDON (AFP): Arsenal defeated Bournemouth 3-0 to move four points clear at the top of…

12 hours ago

Pakistani youth win gold medals

KARACHI (Monitoring Desk): In a remarkable display of skill and determination, young athletes from Karachi…

12 hours ago

Govt has potential to raise revenues worth over Rs24tr annually

F.P. Report LAHORE: Prime Minister Muhammad Shehbaz Sharif on Saturday said that the country had…

12 hours ago

Kundi takes oath as new KP Governor

F.P. Report PESHAWAR: Newly appointed Khyber Pakhtunkhwa Governor, Faisal Karim Kundi here Saturday night took…

12 hours ago

This website uses cookies.