Karachi July 23 2024: Pakistani rupee depreciated by 10 paisa against the US dollar in interbank trading today, closing at Rs 278.40 compared to the previous day’s closing of Rs 278.30.
This marks the second consecutive decline in the rupee’s value against the dollar, following a 17 paisa drop the day before.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market were Rs 278.5 and Rs 280, respectively.
The euro decreased by 22 paisa, closing at Rs 302.79, down from Rs 303.01 the previous day, as reported by the State Bank of Pakistan (SBP).
The Japanese yen gained 1 paisa, closing at Rs 1.78, while the British pound saw a decrease of 1 paisa, trading at Rs 359.63 compared to the previous day’s closing of Rs 359.64.
The exchange rates of the Emirates Dirham and the Saudi Riyal each increased by 3 paisa, closing at Rs 75.79 and Rs 74.22, respectively.
