Pakistani Rupee on Wednesday witnessed the 25th consecutive recovery session as it gained 99 Paisa against the US dollar in the Interbank trading and closed at Rs.279.51 against the previous day’s closing of Rs.280.50.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs.276.5 and Rs.279.25 respectively.
The price of the Euro decreased by Rs.1.23 to close at Rs. 296.31 against the last day’s closing of Rs.297.54, according to the State Bank of Pakistan.
The Japanese Yen lost one Paisa to close at Rs.1.87, whereas a decrease of 96 Paisa was witnessed in the exchange rate of the British Pound, which traded at Rs.343.15 as compared to the last closing of Rs.344.11.
The exchange rates of the Emirates Dirham and the Saudi Riyal declined by 27 and 26 Paisa to close at Rs.76.09 and Rs.74.52 respectively.