Rupee falls by 45 paisa against USD

Dunya News

The greenback closed at Rs163.90

KARACHI (Dunya News) – The exchange rate of US Dollar strengthened by 45 paisa in the interbank on Monday against Pakistani rupee.

The greenback closed at Rs163.90 on first business day of the week compared to previous closing of Rs163.45.

Since start of August, dollar has risen by 23 paisa. However, the greenback has lost 4.53 rupees or 2.73 percent of its value from its peak of 168.43 in August 2020.

Meanwhile, the price of euro depreciated by 31 paisa and closed at Rs192.73 against the last working day’s trading of Rs193.04 the State Bank of Pakistan reported.

The Japanese Yen closed at Rs1.49, whereas a decrease of 41 paisa was witnessed in the exchange rate of British Pound, which was traded at Rs227.15 as compared to its last closing of Rs227.57.

The exchange rates of Emirates Dirham and Saudi Riyal appreciated by about 12 paisa each to close at Rs44.62 and Rs43.70 respectively.