Rupee gains 01 paisa against dollar

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cutting salaries of govt employees

The exchange rate of the Pakistan rupee appreciated by 01 paisa against the US dollar in the interbank trading on Thursday and closed at Rs 224.70 against the previous day’s closing of Rs 224.71.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 231.7 and Rs 234 respectively.

The price of the euro was increased by 41 paisa and closed at Rs 239.12 against the previous day’s closing of Rs 238.71, according to State Bank of Pakistan (SBP). The Japanese Yen remained unchanged to close at Rs1.65, whereas an increase of 37 paisa was witnessed in the exchange rate of the British Pound. —APP