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US dollar rate in Pakistan down by Re0.04 to Rs279.85 on Jan 22

US dollar rate in Pakistan down by Re0.04 to Rs279.85 on Jan 22

US dollar rate in Pakistan down by Re0.04 to Rs279.85 on Jan 22

KARACHI: The US dollar rate in Pakistan further depreciated by Re0.04 (04 paisa) to Rs279.85 against the Pakistani rupee in the interbank market on Monday (Jan 22).

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs279.3 and Rs281.3 respectively.

The price of the Euro increased by 37 paisa to close at Rs304.84 against the last day’s closing of Rs304.47, according to the State Bank of Pakistan (SBP).

The Japanese Yen remained unchanged and closed at Rs1.88, whereas an increase of 39 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs355.32 compared to the last closing of Rs354.93.

The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 01 paisa each to close at Rs76.19 and Rs74.61 respectively.