KARACHI: The US dollar rate in Pakistan strengthened by Re0.14 (14 paisa) against Pakistani rupee to Rs278.4 in the interbank market on Thursday (May 16).

At close, the local unit settled at 278.4, a loss of Re0.14 against the greenback, as per the State Bank of Pakistan (SBP).

On Wednesday, the rupee closed at 278.26 down by Re0.08.

Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Thursday.

F.C.                         BUYING        SELLING

INTER BANK            278.20           278.30

USD                             277.25          280.00

EURO                          300.15          303.10

GBP                           350.00          353.50

JPY                             1.77              1.82

AED                            75.30           76.05

SAR                            73.60            74.33

CAD                          201.70           204.70

AUD                          182.70          185.70