Rupee slumps to Rs193.1 against dollar
ISLAMABAD – Exchange rate of Pak rupee weakened by 76 paisas against the US dollar in the interbank trading on Friday and closed at Rs 192.52 against the previous day’s closing of Rs 191.76.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 191.1 and Rs 193.1 respectively.
The price of Euro was appreciated by one paisa and closed at Rs 200.44 against the previous day’s closing of Rs 200.43. The Japanese Yen gained one paisa to close at Rs 1.49, whereas an increase of Rs 1.49 was witnessed in the exchange rate of British Pound, which was traded at Rs 235.34 as compared to its last closing of Rs 233.85. The exchange rates of Emirates Dirham and Saudi Riyal increased by 21 paisas to close at Rs 52.41 and Rs51.32 respectively.