Rupee extends losses against dollar

Author: Monitoring Desk

Exchange rate of Pak Rupee weakened by Rs1.31 against the US Dollar in the interbank trading on Tuesday and closed at Rs205.16 against the previous day’s closing of Rs203.85. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs204.5 and Rs206.5 respectively. The price of Euro appreciated by Rs1.26 and closed at Rs214.86 against the previous day’s closing of Rs213.60. Meanwhile, Japanese Yen gained two paisas to close at Rs1.53, whereas an increase of 62 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs249.82 as compared to its last closing of Rs249.20. The exchange rates of Emirates Dirham and Saudi Riyal increased by 35 paisas to close at Rs55.85 and Rs54.68 respectively.

Share
Leave a Comment

Recent Posts

  • Business

Hexalyze shines at Singapore Fintech Festival

KARACHI: Pakistan's IT companies and fintech operators are looking to grab business opportunities in the…

13 mins ago
  • Business

Mobilink Bank honoured with multiple awards at VEON Ignite 2024

Islamabad – November 07, 2024: Mobilink Bank, Pakistan’s leading digital microfinance institution, was celebrated with…

56 mins ago
  • Pakistan

Trump’s victory won’t impact Pakistan-US bilateral ties: FO

Pakistan's Foreign Office has reaffirmed the nation’s commitment to strengthening its relationship with the United…

2 hours ago
  • Business

Pakistan’s PV boom gains long-lasting momentum amid multiple factors

Pakistan is undergoing a booming energy shift resulting in solar energy adoption among all orders…

15 hours ago
  • Business

PSX witnesses bullish trend, gains 366 points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 366.32…

15 hours ago
  • Business

PSX appoints new CEO

Pakistan Stock Exchange (PSX) on Tuesday announced the appointment of Farrukh H. Sabzwari as its…

15 hours ago