Rupee gains 11 paisa against dollar

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Exchange rate of the Pakistan rupee strengthened by 11 paisa against the US dollar in the interbank trading on Friday and closed at Rs178.51 against the previous day’s closing of Rs178.62.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs178.75 and Rs179.8 respectively. Similarly, the price of the euro was depreciated by Rs 0.95 and closed at Rs196.62 against the previous day’s closing of Rs197.57.

The Japanese Yen lost 02 paisas to close at Rs1.52, whereas a decrease of Rs1.92 was witnessed in the exchange rate of British Pound, which was traded at Rs233.63 as compared to its last closing of Rs235.55.—APP

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