Today Rupee sheds 52 paisas against dollar

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Today Rupee sheds 52 paisas against dollar

In interbank trade on Monday, the Pakistani rupee lost 52 paisas in value relative to the US dollar (USD), finishing at Rs286.19 as opposed to Rs285.67 the day before. However, the Forex Association of Pakistan (FAP) reports that the open market exchange rates for purchasing and selling dollars were Rs305 and Rs308, respectively. According to the State Bank of Pakistan (SBP), the price of the Euro jumped by Rs1.43 to close at Rs 306,10, up from the previous day’s closing price of Rs 307.53. A fall of Rs2.76 was seen in the exchange rate of the British pound, which traded at Rs355.10 as opposed to its previous day’s closing of Rs357.86. The Japanese yen decreased by 1 paisa and concluded at Rs2.04, while the British pound declined by Rs2.76. Both the Saudi Riyal and the Emirates Dirham appreciated in value by 14 paisas to close at Rs. 76.30 and Rs. 77.91, respectively.

 

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