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US dollar rate in Pakistan strengthens by Re0.01 to Rs280.24 on Jan 16

US dollar rate in Pakistan strengthens by Re0.01 to Rs280.24 on Jan 16

US dollar rate in Pakistan strengthens by Re0.01 to Rs280.24 on Jan 16

KARACHI: The US dollar rate in Pakistan slightly strengthened by Re0.01 against Pakistani rupee to Rs280.24 in the interbank market on Tuesday (Jan 16).

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs280.2 and Rs282.35 respectively.

The price of the Euro decreased by Rs1.17 to close at Rs305.91 against the last day’s closing of Rs307.08, according to the State Bank of Pakistan (SBP).

The Japanese Yen remained lost 01 paisa and closed at Rs1.91, whereas a decrease of Rs 2.14 was witnessed in the exchange rate of the British Pound, which traded at Rs355.06 compared to the last closing of Rs357.20.

The exchange rates of the Emirates Dirham and the Saudi Riyal remained unchanged to close at Rs76.30 and Rs74.72 respectively.