Rupee falls by 17 paisa against USD

Dunya News

The greenback closed at Rs156.96

KARACHI (Dunya News) – The exchange rate of US Dollar increased by 17 paisa in the interbank on Wednesday against Pakistani rupee.

The greenback closed at Rs156.96 on third business day of the week compared to previous closing of 156.79.

Since start of June, dollar has risen by 2.42 rupees. However, the greenback has lost 11.47 rupees or 7.05 percent of its value from its peak of 168.43 in August 2020.

Meanwhile, the price of euro appreciated by 30 paisa and closed at Rs190.36 against the last working day’s trading of Rs190.06, the State Bank of Pakistan reported.

The Japanese Yen closed at Rs1.43, whereas an increase of 65 paisa was witnessed in the exchange rate of British Pound, which was traded at Rs221.41 as compared to its last closing of Rs220.76.

The exchange rates of Emirates Dirham and Saudi Riyal increased by about 5 paisa each to close at Rs42.73 and Rs41.85 respectively.