Rupee gains 01 paisa against US Dollar

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ISLAMABAD: The Rupee on Tuesda y appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 278.66 compared to the previous day’s closing of Rs 278.67. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs 279 and Rs 279.70, respectively. The price of the Euro against the rupee decreased by Rs 0.84 and closed at Rs 327.26 from the previous day’s close of Rs 328.10, according to the State Bank of Pakistan (SBP). The Japanese Yen came down by 01 paisa to close at Rs 1.76, whereas the exchange rate of the British Pound witnessed a decrease of Rs 2.60 and closed at Rs 376.45 compared to the previous day’s Rs 379.05. The exchange rate of the Emirate Dirham remained stagnant at Rs 75.87, while the Saudi Riyal declined by 01 paisa to close at Rs 74.27. APP