Rupee sheds 3 paisa against US dollar

Staff Reporter

The exchange rate of Pakistani rupee declined by 03 paisas against the US dollar in the interbank trading on Wednesday and closed at Rs160.18 as compared to the previous day’s closing of Rs160.15.

Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs160.2 and Rs161 respectively.

In interbank trading, the price of euro depreciated by 60 paisas and closed at Rs192.85 against the last day’s trading of Rs 193.45, State Bank of Pakistan reported.
The Japanese Yen remained unchanged to close at Rs1.52, whereas a decrease of 41 paisas was witnessed in the exchange rate of British Pound which was traded at Rs218.94 as compared to its last closing of Rs219.35.

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