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Pakistan Rupee Drops 12 Paisas Against Greenback

admin-augaf by admin-augaf
October 24, 2024
in Business, Finance, International, National, News
Reading Time: 1 min read
0
Exchange Companies Decided to End the Cap on Dollar Rate
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Karachi October 24 2024: Pakistani rupee on Thursday depreciated by 12 paisa against the US dollar in the interbank trading and closed at PKR 277.84 against the previous day’s closing of PKR 277.72.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at PKR 277.30 and PKR 278.80 respectively.

The price of Euro increased by 62 paisa to close at PKR 300.08 against the last day’s closing of PKR 299.46, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at PKR 1.82, whereas an increase of 33 paisa was witnessed in the exchange rate of the British Pound, which traded at PKR 360.40 as compared to the last day’s closing of PKR 360.07.

The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 03 paisa and 02 paisa to close at PKR 75.64 and PKR 73.98 respectively.

Tags: Dollar vs rupee
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