Rupee extends gains against dollar July 28, 2020

Rupee extends gains against dollar July 28, 2020

ISLAMABAD-The exchange rate of Pakistani rupee strengthened by 41 paisas against US dollar in the interbank on Tuesday to close at Rs166.45 as compared to the last closing of Rs166.86.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs166.3 and Rs167 respectively. 

The State Bank of Pakistan reported that in interbank, the price of euro depreciated by 38 paisas to close at Rs195.01 against the last day’s trading of Rs195.39.

The Japanese Yen lost one paisa to close at Rs 1.57, whereas a decrease of two paisas  was witnessed in the exchange rate of British Pound which was traded at Rs 214.10 as compared to its last closing of Rs 214.12. 

The exchange rates of Saudi Riyal and Emirates Dirham decreased by 12 paisas each to close at Rs 44.37 and Rs 45.31 respectively.