ISLAMABAD: After a loss of 46 paisa yesterday, the Pakistani Rupee witnessed another decline with a fall of 49 paisa on Tuesday against the US dollar in the interbank trading and closed at Rs 287.91 against the last day closing of Rs 287.43, as reported by State Bank of Pakistan.
Interbank closing #ExchangeRate for today https://t.co/hyaSSfJDya#SBPExchangeRate pic.twitter.com/u5Hb5mTgNe
— SBP (@StateBank_Pak) August 8, 2023
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars witnessed a significant jump in the open market and settled in the range of Rs 293.6 and Rs 296.5, respectively.
Pakistani Rupee Against Euro, Pound, and Riyal
Unlike the greenback, the price of the Euro went down by 14 paisa to close at Rs 316.01 compared to Rs 315.87 the last day.
The Japanese Yen also witnessed a loss by 01 paisa to close at Rs 2.01, whereas the British Pound observed an increase of Rs 0.97 in the exchange rate and was traded at Rs 367.14 against Rs 366.17 on Monday.
The exchange rates of the Saudi Riyal and the Emirates Dirham increased by 13 paisa each to close at Rs 76.74 and Rs 78.38, respectively.
