Rupee extends gains against US dollar



The exchange rate of Pakistani rupee strengthened by 45 paisas against US dollar in the interbank trading on Thursday and closed at Rs 159.46 against the previous day’s closing of 159.81.
Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs 159.2 and Rs 159.9 respectively.
In interbank trading, the price of euro appreciated by 57 paisas and closed at Rs 187.47 against the last day’s trading of Rs 186.90, State Bank of Pakistan reported.
The Japanese Yen lost remained unchanged to close at Rs1.52, whereas an increase of 64 paisas was witnessed in the exchange rate of British Pound which was traded at Rs 207.58 as compared to its last closing of Rs 206.94.—APP

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