Rupee loses 12 paisa against US dollar

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Islamabad

The exchange rate of Pakistani rupee declined by 12 paisas against the US dollar in the interbank trading on Friday and closed at Rs160.74 as compared to the previous day’s closing of Rs160.62.
Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs160.6 and Rs161.3 respectively.
In interbank trading, the price of euro depreciated by 06 paisas and closed at Rs195.80 against the last day’s trading of Rs 195.86, State Bank of Pakistan reported.—APP

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