Rupee sheds 27 paisa against dollar in interbank trading
ISLAMABAD (APP) - Pakistani rupee on Wednesday witnessed a devaluation of 27-paisa against US dollar in the interbank trading and closed at Rs 288.14 against the previous day’s closing at Rs 287.87.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 288.5 and Rs 291 respectively.
The price of the Euro increased by Rs 4.95 to close at Rs 313.15 against the last day’s closing of Rs 308.20.
The Japanese Yen appreciated by 02 paisa to close at Rs 1.91; whereas an increase of Rs 5.21 was witnessed in the exchange rate of the British pound, which traded at Rs 359.16 as compared to the last closing of Rs 353.95.
The exchange rates of the Emirates dirham and the Saudi riyal increased by 08 and 07 paisa each to close at Rs 78.45 and Rs 76.82 respectively.
Gold increases by Rs2,000 per tola
The per tola price of 24-karat gold increased by Rs2,000 and was sold at Rs 214,800 on Wednesday as compared to its sale at Rs 212,800 on last trading day.
The price of 10 grams of 24 karat gold also increased by Rs 1,714 to Rs 184,156 from Rs 182,442 whereas the prices of 10 gram 22 karat gold went up to Rs 168,810 from Rs 167,238.
The price of per tola and ten gram Silver remained stagnant at Rs 2,580 and 2,211.93 respectively. The price of gold in the international market increased by $23 to $1988 from $1,965.
