Karachi, August 02, 2024: On Friday, the Pakistani rupee (PKR) continued its recovery, appreciating by Rs 0.16 against the US dollar in interbank trading, closing at Rs 278.50 compared to the previous day’s closing of Rs 278.66.
According to the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market were Rs 279.2 and Rs 280.4, respectively.
The Euro’s value dropped by Rs 0.20, closing at Rs 300.82, down from the previous day’s Rs 301.02, as reported by the State Bank of Pakistan (SBP).
The Japanese yen gained Rs 0.1, closing at Rs 1.86, while the British Pound saw a decrease of Rs 2.36, trading at Rs 354.12 compared to the prior day’s closing of Rs 356.48.
The exchange rates of the Emirates Dirham and the Saudi Riyal also decreased, closing at Rs 75.82 and Rs 74.20, respectively, with declines of Rs 0.4 and Rs 0.7 paisa.
