Times of Islamabad

Pakistani Rupee rises against the US dollar in the Interbank market

Pakistani Rupee rises against the US dollar in the Interbank market

ISLAMABAD – Pakistani Rupee rises against the US dollar in the Interbankmarket, media reports have revealed citing State Bank of Pakistan.

The exchange rate of US dollar against rupee dipped by 11 paisa ininterbank and was traded at Rs 156.06 as compared to the last closing at Rs156.17, State Bank of Pakistan (SBP) reported on Friday.

However according to Forex Association of Pakistan the buying and sellingrates of dollar in open market were recorded at Rs 155.80 and Rs 156.30.

The SBP further reported that in interbank the price of Euro depreciated byRs 0.10 and was traded at Rs 171.98 against the last closing of Rs 172.08.