Rupee gains 20 paisa against US dollar

Staff Reporter

The exchange rate of the Pakistani rupee strengthened by 20 paisas against the US dollar in the interbank trading on Thursday and closed at Rs159.98 as compared to the previous day’s closing of Rs160.18.

Meanwhile, according to the Forex Association of Pakistan, the buying and selling rates of dollars in the open market were recorded at Rs159.8 and Rs160.5 respectively.
In interbank trading, the price of the euro depreciated by 90 paisas and closed at Rs191.95 against the last day’s trading of Rs 192.85, State Bank of Pakistan reported.

The Japanese Yen remained unchanged to close at Rs1.52, whereas a decrease of Rs 1.57 was witnessed in the exchange rate of the British Pound which was traded at Rs217.37 as compared to its last closing of Rs218.94.

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