KARACHI: The US dollar rate in Pakistan further depreciated by Re0.12 (12 paisa) to Rs279.67 against the Pakistani rupee in the interbank market on Wednesday (Jan 24).

Interbank closing #ExchangeRate for today https://t.co/ON0dgskXvn#SBPExchangeRate pic.twitter.com/Rz5HsVfgPP

— SBP (@StateBank_Pak) January 24, 2024

Meanwhile, in the open market, the Pakistani rupee gained 17.00 paisa for buying and 23.00 paisa for selling against USD, closing at 278.81 and 280.86, respectively.

Open-market rates for dollar on Wednesday

BID                            Rs 278.81

OFFER                      Rs 280.86

Against Euro, the PKR gained 6.00 paisa for buying and 13.00 paisa for selling, closing at 303.23 and 306.08, respectively.

Against UAE Dirham, the PKR gained 4.00 paisa for buying and 5.00 paisa for selling, closing at 76.16 and 76.86, respectively.

Against Saudi Riyal, the PKR gained 2.00 paisa for buying and 2.00 paisa for selling, closing at 74.36 and 75.01, respectively.