Exchange rate of the Pakistan rupee appreciated by 17 paisa against the US dollar in the interbank trading on Friday and closed at Rs174.70 against the previous day’s closing of Rs 174.87.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of US dollar in the open market were recorded at Rs 176 and Rs 177.4 respectively.
Similarly, the price of the euro was depreciated by Rs 0.74 and closed at Rs 199.11 against the previous day’s closing of Rs 199.85. The Japanese Yen lost one pasias to close at Rs 1.50, whereas an increase of 05 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs236.95 as compared to its last closing of Rs 236.90. The exchange rates of Emirates Dirham and Saudi Riyal decreased by 05 paisas to close at Rs 47.56 and Rs 46.56 respectively.—APP
