Rupee sheds 06 paisa against dollar

ISLAMABAD, Aug 13 (APP): Pakistani rupee on Tuesday depreciated by 06 paisa against the US dollar in the interbank trading and closed at Rs 278.70 against the previous day’s closing of Rs 278.64.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.40 and Rs 280.50 respectively.
The price of Euro increased by 21 paisa to close at Rs 304.52 against the last day’s closing of Rs 304.31, according to the State Bank of Pakistan (SBP).
The Japanese yen went down by 01 paisa and closed at Rs1.88, whereas an increase of Rs 1.05 was witnessed in the exchange rate of the British Pound, which traded at Rs356.83 as compared to the last day’s closing of Rs 355.78.
The exchange rate of the Emirates Dirham increased by 01 paisa to close at Rs 75.87 and the Saudi Riyal remained unchanged and stood at Rs74.23.