Rupee continues upward trend against dollar

Rupee sheds Rs 1.37 against dollar

Exchange rates 12th May 2022: Exchange rate of Pak Rupee weakened by Rs 1.74 against the US Dollar in the interbank trading on Thursday and closed at Rs 191.76 against the previous day’s closing of Rs 190.02.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 191 and Rs 193 respectively.

The price of Euro was depreciated by 38 paisas and closed at Rs 200.43 against the previous day’s closing of Rs 200.81.

The Japanese Yen gained two paisas to close at Rs 1.48, whereas a decrease of Rs 1.01 was witnessed in the exchange rate of British Pound, which was traded at Rs 233.85 as compared to its last closing of Rs 234.86.

The exchange rates of Emirates Dirham and Saudi Riyal increased by 48 paisas to close at Rs 52.20 and Rs51.12 respectively.

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