Rupee gains 18 paisa against US dollar



The exchange rate of Pakistani rupee strengthened by 18 paisas against the US dollar in the interbank trading on Friday and closed at Rs160.10 as compared to the previous day’s closing of Rs160.28.

Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs159.9 and Rs160.7 respectively.
In interbank trading, the price of euro depreciated by 12 paisas and closed at Rs193.89 against the last day’s trading of Rs 194.01, State Bank of Pakistan reported.

The Japanese Yen remained unchanged to close at Rs1.53, whereas an increase of 33 paisas was witnessed in the exchange rate of British Pound which was traded at Rs219.10 as compared to its last closing of Rs218.77. —APP

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