Rupee continues upward trend against dollar

Rupee gains 60 paisas against US Dollar

Exchange rate of Pak Rupee strengthened by 60 paisas against the US Dollar in the interbank trading on Wednesday and closed at Rs197.86 against the previous day’s closing of Rs 198.46.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 196.5 and Rs 198.6 respectively.

Moreover, the price of Euro depreciated by 83 paisas and closed at Rs 212.07 against the previous day’s closing of Rs 212.90.

Meanwhile, Japanese Yen lost three paisas to close at Rs 1.52, whereas a decrease of Rs 1.33 was witnessed in the exchange rate of British Pound, which was being traded at Rs 248.90 as compared to its last closing of Rs 250.23.

The exchange rates of Emirates Dirham and Saudi Riyal decreased by 16 paisas to close at Rs 53.87 and Rs 52.75 respectively.

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