US dollar extends gain against rupee in interbank market

US dollar extends gain against rupee in interbank market

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Islamabad: The exchange rate of the interbank bank to Pakistani rupee fell by 32 Pasas against the US dollar at 166.99 rupees on Wednesday, while the closing price on the last day was 166.67 rupees.

However, according to the Pakistan Foreign Exchange Association, the buying and selling prices of US dollars on the open market are Rs 166.8 and Rs 167.5, respectively.

The State Bank of Pakistan reported that in interbank, the price of Euro depreciated by 29 paisa to close at Rs 190.36 against the last day s trading of Rs 190.65.

The Japanese Yen appreciated by 01 paisa to close at Rs 1.56, whereas a decrease of 95 paisa was witnessed in the exchange rate of British Pound which was traded at Rs 209.37 as compared to its last closing of Rs 210.32.

The exchange rate of Saudi Riyal and UAE Dirham rose by 09 paisa, respectively, to close at Rs 44.52 and Rs 45.46 respectively.

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