Business
Rupee falls against US dollar in interbank
The local unit settles at 278.37 after falling Re0.17 against the greenback
![Rupee falls against US dollar in interbank](/media/108326/conversions/Dollar-2-1280x720.webp)
Karachi: The Pakistani rupee depreciated against the US dollar, declining 0.06 per cent in the interbank market on Monday.
The local unit settled at 278.37 after falling Re0.17 against the greenback, the State Bank of Pakistan (SBP) said.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market, however, were Rs 277.75 and Rs 280.5 respectively.
The price of the Euro decreased by Rs 3.43 to close at Rs 299.52 against the last day’s closing of Rs 302.95, according to the State Bank of Pakistan (SBP).
The Japanese Yen came down by 01 paisa and closed at Rs 1.77, whereas a decrease of Rs 2 was witnessed in the exchange rate of the British Pound, which traded at Rs 354.04 as compared to the last day’s closing of Rs 356.04.
The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 04 paisa and 05 paisa to close at Rs 75.78 and Rs 74.22.
-
Business 1 day ago
Gold price up by Rs1,000 per tola in Pakistan
-
Weather 2 days ago
Cloudy, sunny weather in Lahore, rain also expected
-
Pakistan 1 day ago
Bad weather: Flight operations severely affected in Lahore
-
Pakistan 2 days ago
Free Meal Program to start at Islamabad schools from August 5
-
Business 2 hours ago
Petroleum prices likely to decline from Aug 1
-
Pakistan 1 day ago
Imran Khan to contest for Oxford Chancellor’s election from Jail
-
Pakistan 2 days ago
Nearly 50,000 Pakistani pilgrims go missing in Iraq: Minister
-
Weather 6 hours ago
New spell of monsoon rains to start in Punjab tomorrow