ISLAMABAD: The exchange rate of Pakistani rupee depreciated by 11 paisaagainst the US dollar in the interbank trading on Wednesday and closed atRs160.28 as compared to the previous day’s closing of 160.39.
Meanwhile, according to Forex Association of Pakistan, the buying andselling rates of dollar in the open market were recorded at Rs160.25 andRs160.6 respectively.
In interbank trading, the price of euro depreciated by 10 paisas and closedat Rs196.47 against the last day’s trading of Rs 196.57, State Bank ofPakistan reported.
The Japanese Yen gained one paisa to close at Rs1.55 against Rs.1.54 paisawhereas an increase of 10 paisas was witnessed in the exchange rate ofBritish Pound which was traded at Rs216.97 as compared to its last closingof Rs 216.87.
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The exchange rates of Emirates Dirham and Saudi Riyal decreased by 03 paisaeach to close at Rs 43.63 and Rs 42.71 respectively
