Rupee extends losses against dollar


Exchange rate of Pakistan rupee weakened by 39 paisa against the United States dollar in the interbank trading on Tuesday and closed at Rs181.73 against the previous day’s closing of Rs181.24.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs181.4 and Rs182.8 respectively. Similarly, the price of the euro was depreciated by 60 paisas and closed at Rs199.74 against the previous day’s closing of Rs200.34.

The Japanese Yen lost two paisas to close at Rs1.50, whereas an increase of 77 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs239.14 as compared to its last closing of Rs238.37.—APP

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