KARACHI – The exchange rate of US Dollar increased by 23 paisa in theinterbank on Wednesday against Pakistani rupee. The greenback closed atRs154.77 on third business day of the week compared to previous closing of154.54.
Since start of June, dollar has risen by 37 paisa. However, the greenbackhas lost 13.66 rupees or 8.45 percent of its value from its peak of 168.43in August 2020.
Meanwhile, the price of euro depreciated by 31 paisa and closed at Rs188.64against the last working day’s trading of Rs188.95, the State Bank ofPakistan reported.
The Japanese Yen closed at Rs1.41, whereas a decrease of 42 paisa waswitnessed in the exchange rate of British Pound, which was traded atRs218.73 as compared to its last closing of Rs219.15.
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The exchange rates of Emirates Dirham and Saudi Riyal increased by about 7paisa each to close at Rs42.14 and Rs41.27 respectively.
