Rupee weakens against dollar , Aug 19, 2020

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Rupee weakens against dollar , Aug 19, 2020

ISLAMABAD- The exchange rate of Pakistani rupee weakened by 07 paisas against the US dollar in the interbank trading on Wednesday and closed at Rs168.26 as compared to the last closing of Rs168.19.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs168.2 and Rs 168.8 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro appreciated by 93 paisas and closed at Rs200.98 against the last day’s trading of Rs200.05.

The Japanese Yen remained stable at Rs1.59, whereas an increase of Rs 1.91 was witnessed in the exchange rate of British Pound which was traded at Rs 223.12 as compared to its last closing of Rs 221.21.

The exchange rates of Saudi Riyal and Emirates Dirham also increased by 02 paisas each to close at Rs 44.86 and Rs 45.80 respectively.