Rupee sheds Rs1.07 against dollar

Author: Monitoring Desk

Exchange rate of Pak Rupee weakened by Rs1.07 against the US Dollar in the interbank trading on Friday and closed at Rs208.74 against the previous day’s closing of Rs207.67. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs209 and Rs211 respectively. The price of Euro was appreciated by Rs3.60 and closed at Rs219.58 against the previous day’s closing of Rs215.98. Meanwhile, Japanese Yen gained one paisa to close at Rs1.56, whereas an increase of Rs5.04 was witnessed in the exchange rate of British Pound, which was traded at Rs256.75 as compared to its last closing of Rs251.52. The exchange rates of Emirates Dirham and Saudi Riyal increased by 30 paisas to close at Rs56.83 and Rs55.63 respectively.

Share
Leave a Comment

Recent Posts

  • 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…

12 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…

12 hours ago
  • Business

PSX appoints new CEO

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

12 hours ago
  • Business

AIIB to support Pakistan in meeting development goals

Terming Pakistan as an important partner country, the Asian Infrastructure Investment Bank (AIIB) on Tuesday…

12 hours ago
  • Business

Pakistan’s exports to UK increase by 8.39% in Q1 of FY2024

Pakistan's export of goods and services to the United Kingdom (UK) witnessed an increase of…

12 hours ago
  • Business

SECP conducts start up summit 2024 in Karachi

Securities and Exchange Commission of Pakistan (SECP) held a press briefing at its Head Office…

12 hours ago