Rupee gains 07 paisas against dollar

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ISLAMABAD: Pakistani rupee on Friday appreciated by 07 paisas against the US dollar in the interbank trading and closed at Rs278.33 against the previous day’s closing of Rs278.40. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.50 and Rs280.15 respectively. The price of Euro went up by 04 paisas to close at Rs302.05 against the last day’s closing of Rs302.01, according to the State Bank of Pakistan (SBP). The Japanese yen lost 02 paisas and closed at Rs1.80, whereas a decrease of 86 paisas was witnessed in the exchange rate of the British Pound, which traded at Rs358.20 as compared to the last day’s closing of Rs359.06. The exchange rate of the Emirates Dirham and the Saudi Riyal decreased by 02 paisas each to close at Rs75.77 and Rs74.19 respectively. Web Desk