Dollar further gains Rs1.06 in interbank trading, closes at Rs303.05

ISLAMABAD (APP) - The exchange rate of Pakistan rupee weakened by Rs 1.05 against the US dollar in the interbank trading on Tuesday and closed at Rs 303.05 against the previous day’s closing of Rs 302.

According to the Forex Association of Pakistan (FAP), the rate of the dollar in the open market stood at Rs 318 after an increase of Rs3.

The Euro price increased by Rs 1.41 paisa to close at Rs 327.56 against the last day’s closing of Rs 326.15, according to the State Bank of Pakistan (SBP). The Japanese Yen remained unchanged and stood at Rs 2.06, whereas an increase of Rs 2.43 was witnessed in the exchange rate of the British Pound, which traded at Rs 382.10 as compared to the last closing of Rs 379.67.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 29 paisa each to close at Rs 82.51 and Rs 80.78 respectively.

On the other hand, 100-index of the Pakistan Stock Exchange lost 708 points and closed at 46,770 points.

Meanwhile, the gold rate witnessed an increase of Rs500 per tola and was sold at Rs233,500 per tola.