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Markets

Rupee stable against dollar

  • The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 78 paisas and closed at Rs. 194.38 against the last day’s trading of Rs. 195.16.
Published September 23, 2020

ISLAMABAD: The exchange rate of Pakistani rupee against the US dollar remained stable in the interbank trading on Wednesday and closed at Rs. 166.22.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in open market were recorded at Rs. 165.9 and Rs. 166.4 respectively.

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by 78 paisas and closed at Rs. 194.38 against the last day’s trading of Rs. 195.16.

The Japanese Yen remained stable at Rs. 1.58, whereas a decrease of Rs. 1.87 was witnessed in the exchange rate of British Pound which was traded at Rs. 211.05 as compared to its last closing of Rs. 212.92.

The exchange rates of Emirates Dirham and Saudi Riyal also remained unchanged to close at Rs. 45.25 and Rs. 44.31 respectively.

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