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Monday, November 25, 2024

Home Business Rupee sheds 48 paisa against dollar

Rupee sheds 48 paisa against dollar

by News desk
October 28, 2023
in Business

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Pakistani Rupee on Friday witnessed a 48-paisa depreciation against US Dollar in the interbank trading and closed at Rs 280.57 against the previous day’s closing of Rs 280.09.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs 280.5 and Rs 283 respectively.

The price of the Euro decreased by 65 paisa to close at Rs 296.17 against the last day’s closing of Rs 295.52, according to the State Bank of Pakistan (SBP).—APP