Rupee recovers 17 paisas against dollar

Islamabad

ISLAMABAD: The exchange rate of Pakistan rupee declined by 20 paisas against the US dollar in the interbank trading on Monday and closed at Rs 159.36 as compared to the previous day’s closing of Rs 159.16.

According to Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 159.3 and Rs 159.9 respectively.

Similarly, the price of euro was appreciated by 79 paisas and closed at Rs 189.20 against the last day’s trading of Rs 188.41 the State Bank of Pakistan reported.

The Japanese Yen remained unchanged to close at Rs1.44, whereas an increase of Rs 1.53 was witnessed in the exchange rate of British Pound, which was traded at Rs 220.94 as compared to its last closing of Rs219.41.

The exchange rates of Emirates Dirham and Saudi Riyal increased by 05 paisas each to close at Rs 43.38 and Rs 42.48 respectively.

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