Pakistani Rupee Loses Rs3.78 Against US Dollar to Settle at Rs283.04

Tue Jul 18 2023
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ISLAMABAD: After enjoying a solid effect last week, the Pakistani Rupee’s downward trend continued on Tuesday for the third consecutive day and witnessed a loss of Rs3.78 against the American Dollar in the interbank, closing at Rs283.04 against Rs279.26 last ay

Meanwhile, as per reports received from the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were also affected and stood at Rs281 and Rs284.2, respectively.

Pakistani Rupee Against Other Currencies

Like the greenback, the price of the Euro also went up by Rs4.45 to close at Rs 318.36 against Rs 313.91 on Monday.

Meanwhile, the Japanese Yen increased by 03 paisa to close at Rs2.04, while the British pound witnessed an appreciation of Rs4.65 and was traded at Rs370.32 as compared to Rs365.67, last day

The exchange rates of the Saudi Riyal and Emirates Dirham witnessed an increase by Rs1.01  and Rs1.02 to close at Rs74.44 and Rs77.05, respectively.

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