Rupee continues bearish trend against dollar


The exchange rate of Pakistan rupee against US dollar depreciated by 42 paisas in the interbank trading on Monday to close at Rs174.42 against the previous day’s closing of Rs174.00.

According to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs174 and Rs175 respectively.

Similarly, the price of euro which was traded at Rs202.42, depreciated by 04 paisas as compared to its last closing of Rs202.46, the State Bank of Pakistan reported. -APP

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