Pakistani rupee witnessed a drop of an all-time low as it faced further devaluation of Rs 8.71 against the Dollar in the Interbank trading, mainly due to uncertainty caused by the PTI riots, and closed at Rs 298.93 against the previous day’s closing of Rs 290.22.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of Dollars in the open market were recorded at Rs 302 and Rs 305, respectively.
The price of the Euro increased by Rs 8.89 to close at Rs 326.85 against the last day’s closing of Rs 317.96, according to the State Bank of Pakistan (SBP).
The Japanese Yen gained 07 Paisas to close at Rs 2.21, whereas a surge of Rs 10.06 was witnessed in the exchange rate of the British Pound, which traded at Rs 376.32 as compared to its last day’s closing of Rs 366.26.
The exchange rate of the Emirates Dirham and the Saudi Riyal went up by Rs 2.37 and Rs 2.32 to close at Rs 81.40 and Rs 79.70, respectively.