US dollar gains Rs1.08 to reach year high
The greenback closed at Rs166.28
KARACHI (Dunya News) – The exchange rate of US Dollar strengthened by Rs1.08 in the interbank on Wednesday against Pakistani rupee.
The greenback closed at Rs166.28 on third business day of the week compared to previous closing of Rs165.20.
Since start of August, dollar has risen by Rs2.91. Since May dollar has strengthened by about 14 rupees.
Meanwhile, the price of euro appreciated by Rs1.62 and closed at Rs195.40 against the last working day’s trading of Rs193.78 the State Bank of Pakistan reported.
The Japanese Yen closed at Rs1.51, whereas an increase of Rs2.08 was witnessed in the exchange rate of British Pound, which was traded at Rs228.36 as compared to its last closing of Rs226.33.
The exchange rates of Emirates Dirham and Saudi Riyal appreciated by about 29 paisa each to close at Rs45.27 and Rs44.34 respectively.
