Rupee appreciates against dollar

NBP Exchange Rates

ISLAMABAD, Aug 10 (APP):The exchange rate of Pakistan rupee appreciated by 15 paisas against the US dollar in interbank trading on Monday and closed at Rs163.75 as compared to the previous day’s closing of Rs163.90.

According to Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 163.2 and Rs 164.2 respectively.

Similarly, the price of euro was depreciated by 57 paisas and closed at Rs 192.15 against the last day’s trading of Rs192.72, the State Bank of Pakistan reported.

The Japanese Yen remained unchanged to close at Rs 1.48, whereas a decrease of 41 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs 226.99 as compared to its last closing of Rs227.15.

The exchange rates of Emirates Dirham and Saudi Riyal decreased by 04 paisas each to close at Rs 44.58 and Rs 43.66 respectively.