Rupee recovers 94 paisas against US dollar

Islamabad

ISLAMABAD: The exchange rate of Pakistan rupee recovered 94 paisas on Thursday against the US dollar in interbank trading and closed at Rs168.17 as compared to the previous day’s closing of Rs169.11.

According to Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs167.7 and Rs169.2 respectively.

The price of euro was depreciated by Rs1.98 and closed at Rs198.03 against the last day’s trading of Rs200.01, the State Bank of Pakistan reported.

The Japanese Yen lost one paisa to close at Rs1.53, whereas a decrease of Rs 1.64 was witnessed in the exchange rate of British Pound, which was traded at Rs 232.36 as compared to its last closing of Rs 234.00.

The exchange rates of Emirates Dirham and Saudi Riyal declined by 25 paisas each to close at Rs 45.78 and Rs 44.84 respectively.

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