Rupee sheds 10 paisa against dollar

ISLAMABAD  -  Pakistani rupee on Tuesday depreciated by 10 paisa against the US dollar in the interbank trading and closed at Rs279.36 against the previous day’s closing of Rs279.26. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs279.85 and Rs281.35, respectively. The price of the Euro decreased by 37 paisa to close at Rs292.34 against the last day’s closing of Rs292.71, according to the State Bank of Pakistan (SBP). The Japanese yen remained unchanged and closed at Rs1.83, whereas an increase of 72 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs352.46 as compared to the last day’s closing of Rs351.74. The exchange rates of the Emirates Dirham and the Saudi Riyal went up by 02 paisa each to close at Rs76.05 and Rs74.48, respectively.

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