Rupee sheds 04 paisas against dollar

Author: APP

Pakistani Rupee on Monday depreciated by 04 paisa against the US dollar in the interbank trading to close at Rs 221.68 against the previous day’s closing of Rs 221.64. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the US dollar in the open market were recorded at Rs 225.6 and Rs 227.85 respectively. The price of the Euro against the rupee increased by Rs 2.42 to close at Rs 229.31 against the previous close of Rs 226.89. The Japanese Yen increased by 03 paisa to close at Rs 1.59, whereas an increase of Rs 1.78 was witnessed in the exchange rate of the British Pound, which was traded at Rs 261.81 as compared to its last day’s closing of Rs 260.03. The exchange rates of the Emirates Dirham and Saudi Riyal increased by 01 paisa to close at Rs 60.35 and Rs 58.97 respectively.

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