The Pakistani rupee continued its positive momentum against the US dollar, appreciating by 0.01% in the inter-bank market on Thursday.
At the close of trading, the rupee settled at Rs. 281.67, gaining Re. 0.04 against the greenback. This marks the rupee’s 20th consecutive gain against the US dollar. On Wednesday, the local currency had closed at Rs. 281.71.
In the open market, the buying and selling rates of the dollar stood at Rs. 282.4 and Rs. 283.2, respectively, according to the Forex Association of Pakistan (FAP).
The Euro saw a slight decline of 04 paisa, closing at Rs. 328.29, compared to the previous day’s rate of Rs. 328.33, as per the State Bank of Pakistan (SBP).
The Japanese Yen remained stable, closing at Rs. 1.89. Meanwhile, the British Pound experienced an increase of 76 paisa, trading at Rs. 378.50, up from the previous day’s closing of Rs. 377.74.
The exchange rates for the Emirates Dirham and the Saudi Riyal both declined by 01 paisa, closing at Rs. 76.68 and Rs. 75.06, respectively.
