Rupee falls against dollar


Observer Report


The exchange rate of Pakistani rupee fell by 23 paisas against the US dollar in the interbank trading on Monday and closed at Rs168.16 as compared to the last closing of Rs167.93.
However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs167.7 and Rs 168.3 respectively.
The State Bank of Pakistan reported that in interbank trading, the price of euro appreciated by 30 paisas and closed at Rs198.97 against the last day’s trading of Rs198.67.

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