ISLAMABAD: After having a meager appreciation of Rs0.4 paisa, the Pakistani Rupee on Wednesday got some more strength of 24 paisas against the American Dollar in the interbank trading to closed at Rs 286.98 against Rs 287.22 last day.
Interbank closing #ExchangeRate for todayhttps://t.co/LEJlcZu8vM#SBPExchangeRate pic.twitter.com/9d1BicXjIR
— SBP (@StateBank_Pak) June 21, 2023
Meanwhile, the rate of the local currency against the greenback also improved in the open market as, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars settled at Rs 288.5 and Rs 291, respectively.
Last day the dollars were available in the open market in the range of Rs290-293. However, consumers are still worried about the availability of dollars in the market
Pakistani Rupee Against Other Currencies
The price of the Euro also witnessed a decline by 5 paisas to settle at Rs 313.63 against the last day’s closing of Rs 313.98, while the Japanese Yen remain unchanged and was available at Rs 2.02.
Meanwhile, the British pound went down by Rs 2.07 in the exchange rate and was traded at Rs 365.13 as compared to Rs 367.20 last day.
The exchange rates of the Saudi Riyal and Emirates Dirham also went down by 06 paisas each to close at Rs 76.50 and Rs 78.13, respectively.