LAHORE: The rupee continued to strengthen against the US dollar in the interbank market on Monday.
The State Bank of Pakistan sources told reporter that Pakistani exchange rates for major currencies including US Dollar, Saudi Riyal, UK Pound Sterling, UAE Dirham, European Euro, and other foreign currencies on October 9, 2023 (Monday) were witnessed at strengthened level.
However, the forex markets in Pakistan are open from 9 am to 5 pm. During this time, the rates may fluctuate, they said.
It may be mentioned here that the SBP here issues final exchange rate of a currency at 5 pm every day, they said.
The closing rate of each day is the opening rate of every currency next day.
Final exchange rate of major currency interbank exchange (closing rates) released by the State Bank of Pakistan (SBP) here on Monday against the Pakistani Rupee (PKR) on October 9, 2023, included US Dollar (USD) to PKR: Rs. 281.65, British Pound (GBP) to PKR: Rs. 342.9, Saudi Riyal (SAR) to PKR: Rs. 75.08, United Arab Emirates (UAE) Dirham (AED) to PKR: Rs. 76.68, Euro (EUR) to PKR: Rs. 296.43.