KARACHI: The exchange rate of the Pakistani rupee depreciated by 27 paisa against the US dollar in the interbank trading on Monday and closed at Rs227.40 against the previous day’s closing of Rs227.13.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs234.40 and Rs236.75 respectively.
The price of the euro increased by Rs3.77 and closed at Rs242.92 against the previous day’s closing of Rs239.15, according to the State Bank of Pakistan (SBP).
The Japanese yen gained three paisa to close at Rs1.72, whereas an increase of Rs5.96 was witnessed in the exchange rate of the British pound, which was traded at Rs276.32 as compared to its last closing of Rs270.36.
The exchange rates of the Emirates dirham and Saudi riyal increased by 08 paisa and 09 paisa to close at Rs61.91 and Rs60.52 respectively.