Rupee falls by 16 paisa against USD
The greenback closed at Rs163.92.
KARACHI (Dunya News) – The exchange rate of US Dollar strengthened by 16 paisa in the interbank on Wednesday against Pakistani rupee.
The greenback closed at Rs163.92 on third business day of the week compared to previous closing of Rs163.76.
Since start of August, dollar has risen by 25 paisa. However, the greenback has lost 4.51 rupees or 2.71 percent of its value from its peak of 168.43 in August 2020.
Meanwhile, the price of euro depreciated by 14 paisa and closed at Rs192.01 against the last working day’s trading of Rs192.15 the State Bank of Pakistan reported.
The Japanese Yen closed at Rs1.48, whereas a decrease of 62 paisa was witnessed in the exchange rate of British Pound, which was traded at Rs226.37 as compared to its last closing of Rs226.99.
The exchange rates of Emirates Dirham and Saudi Riyal appreciated by about 4 paisa each to close at Rs44.62 and Rs43.71 respectively.
