Daily Times

Rupee on Tuesday witnessed the 10th consecutive recovery session as it gained 15 paisa against the US Dollar in the interbank trading and closed at Rs282.37 against the previous day’s closing of Rs282.52. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs282.7 and Rs. 285.2 respectively. The price of the Euro increased by 47 paisa to close at Rs. 311.27 against the last day’s closing of Rs. 310.80, according to the State Bank of Pakistan (SBP). The Japanese Yen remained unchanged and closed at Rs. 1.98, whereas a decrease of Rs. 17 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs. 358.48 compared to the last closing of Rs. 358.65. The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 05 and 04 paisa to close at Rs. 76.88 and Rs. 75.27, respectively.