Rupee extends gains against dollar Aug 07, 2020

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Rupee extends gains against dollar Aug 07, 2020

ISLAMABAD- The exchange rate of Pakistani rupee strengthened by 26 paisas against the US dollar in the interbank on Friday to close at Rs167.87 as compared to the last closing of Rs168.13.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs167.8 and Rs168.5 respectively. 

The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 80 paisas to close at Rs198.55 against the last day’s trading of Rs 199.35.

The Japanese Yen lost one paisa and closed at Rs1.58, whereas a decrease of Rs1.76 was witnessed in the exchange rate of British Pound which was traded at Rs219.78 as compared to its last closing of Rs221.54. 

The exchange rates of Saudi Riyal and Emirates Dirham decreased by 07 paisas each to close at Rs44.76 and Rs45.70 respectively.