Exchange rate of the Pakistan rupee appreciated by Rs 1.03 against the US dollar in the interbank trading on Friday and closed at Rs174.48 against the previous day’s closing of Rs175.51.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 175.4 and Rs 177 respectively.
Similarly, the price of the euro was appreciated by Rs 1.78 and closed at Rs 199.99 against the previous day’s closing of Rs 198.21.
The Japanese Yen lost two paisas to close at Rs1.51, whereas a decrease of 83 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs 237.05 as compared to its last closing of Rs237.88.
The exchange rates of Emirates Dirham and Saudi Riyal decreased by 28 paisas to close at Rs 47.50 and Rs 46.50 respectively.—APP