Rupee strengthens against US dollar


Staff Reporter


The exchange rate of Pakistani rupee strengthened by 02 paisas against US dollar in the interbank trading on Thursday and closed at Rs159.26 against the previous day’s closing of 159.28.
Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs158.75 and Rs159.75 respectively.
In interbank trading, the price of euro appreciated by 07 paisas and closed at Rs189.89 against the last day’s trading of Rs 189.82, State Bank of Pakistan reported.
The Japanese Yen remained unchanged to close at Rs1.52, whereas a decrease of 02 paisas was witnessed in the exchange rate of British Pound which was traded at Rs 212.81 as compared to its last closing of Rs 212.83.