F.P. Report
ISLAMABAD: Pakistani Rupee on Monday witnessed Rs1.11 devaluation against the US Dollar in the interbank trading as it closed at Rs287.92 against the previous day’s closing of Rs286.81.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs291.5 and Rs294 respectively.
The price of the Euro decreased by 12 paisa to close at Rs319.01 against the last day’s closing of Rs319.13, according to the State Bank of Pakistan.
The Japanese Yen gained 01 paisa to close at Rs2.03, whereas an increase of 90 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs370.02 as compared to its last day’s closing of Rs369.12. The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 30 paisa and 29 paisa to close at Rs78.38 and Rs76.76 respectively.