Pakistani rupee strengthen against USD

KARACHI: The Pakistani Rupee on Friday gained 08 paise against the US dollar in the interbank trading and closed at Rs 278.12 against the previous day’s closing of Rs 278.20, ARY News reported.

Earlier, the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, stood at Rs 277.00 and Rs 279.70 respectively.

The price of the Euro decreased by 49 paise and closed at Rs 298.62 against the last-day closing of Rs 299.11, according to the State Bank of Pakistan (SBP).

The Japanese Yen remained shed 01 paise and was traded at Rs.1.79 against Rs 1.80, whereas a decrease of Rs 1.77 was witnessed in the exchange rate of the British Pound, which was traded at Rs 346.81 compared to the last closing of Rs 348.58.

The Emirates Dirham and Saudi Riyal remained stable at Rs 75.71 and Rs.74.15 respectively.

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