Rupee down 57 against dollar


The exchange rate of Pakistan rupee weakened by 57 paisas against the US dollar in the interbank trading on Wednesday and closed at Rs 161.89 as compared to the previous day’s closing of Rs 161.32.According to Forex Association of Paki-stan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 161.5 and Rs 162.7 respectively.

Similarly, the price of euro was appreciated by Rs 1.44 and closed at Rs 191.38 against the last day’s trading of Rs 189.94 the State Bank of Pakistan reported. –APP

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