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Published 27 Aug, 2021 04:32pm

Rupee continues recovery, gains 18 paisas against dollar

ISLAMABAD: The exchange rate of Pakistan rupee continued recovery on Friday against the US dollar in interbank trading and closed at Rs165.62 as compared to the previous day’s closing of Rs165.80.

According to Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs165.7 and Rs166.6 respectively.

Similarly, the price of euro was depreciated by 35 paisas and closed at Rs194.64 against the last day’s trading of Rs194.99, the State Bank of Pakistan reported.

The Japanese Yen remained unchanged to close at Rs1.50, whereas a decrease of 90 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs226.84 as compared to its last closing of Rs227.74.

The exchange rates of Emirates Dirham and Saudi Riyal decreased by 05 paisas each to close at Rs 45.09 and Rs 44.16 respectively.

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