Rupee rebounds, recovers Rs 3.49 against dollar

Islamabad

ISLAMABAD:Exchange rate of Pak rupee recovered by Rs3.49 against the US dollar in the interbank trading on Friday and closed at Rs184.68 against the previous day’s closing of Rs188.17.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs186.3 and Rs188.05 respectively.

Similarly, the price of the euro was depreciated by Rs4.76 and closed at Rs 200.45 against the previous day’s closing of Rs 205.11.

The Japanese Yen lost four paisas to close at Rs1.48, whereas a decrease of Rs5.90 was witnessed in the exchange rate of British Pound, which was traded at Rs240.65 as compared to its last closing of Rs246.55.

The exchange rates of Emirates Dirham and Saudi Riyal decreased by 93 paisas to close at Rs50.28 and Rs49.24 respectively.

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