ISLAMABAD: Pakistani rupee remained stable with a slight upward trend in the interbank on Tuesday as the local currency gained 07 paisas against the US Dollar and closed at Rs285.35 against the previous day’s closing of Rs285.42.
Interbank closing #ExchangeRate for todayhttps://t.co/uIZ55ZjF1V pic.twitter.com/OkekLfxjPF
— SBP (@StateBank_Pak) May 30, 2023
However, the situation in the open market is still alarming as consumers are complaining about the high rate and availability. According to the Forex Association of Pakistan, the buying and selling rates of the greenback in the open market were recorded in the range of Rs313-Rs316.
Rupee Against Euro, Pound, Riyal, and Others
Like the greenback, the price of the Euro also witnessed a decline and went down by 97 paisa to settle at Rs305.02 against Rs305.99 on Monday, as per reports by the SBP.
The Japanese Yen was traded without a change and closed at Rs2.03, whereas the British Pound recorded an increase of 38 paisa and was traded at Rs352.58 against Rs352.20 on its last trading day.
Meanwhile, Saudi Riyal and Emirates Dirham are down by 02 paisa and 03 paisa to close at Rs76.08 and Rs77.69, respectively.
