Pakistani Rupee rises against US dollar and other major currencies in Interbank Market

Pakistani Rupee rises against US dollar and other major currencies in Interbank Market
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ISLAMABAD - The exchange link rate of Dollar link dropped by Rs 0.71 against Pak rupee in interbank and traded at Rs157.52 as compared to the last closing at Rs158.23, State Bank of Pakistan link (SBP) reported on Friday.

However, according to forex link association of Pakistan link the buying and selling rates of dollar link in open market link were recorded at Rs157.2, and Rs158.1 respectively.

The SBP further reported that in interbank the price link of Euro link also increased by Rs 0. 75 and traded at Rs174.20 as compared to last closing at Rs175.45.

The exchange link rate of Japanese Yen link by Rs 0.01 to Rs 1.47 compared to last closing of Rs 1.48, whereas increase of 29 paisas was witnessed in exchange link rate of British Pound which traded at Rs192.45 as compared to last closing at Rs192.16.

Exchange rates of UAE link Dirham link and Saudi link Rayal dipped by 20 paisas and 19 paisas after which they traded at Rs 42.87 and Rs42 against Rs 43.07 and Rs 42.19 respectively.

Pakistan