Pakistani Rupee Posts Slight Depreciation Against US Dollar

The Pakistan Rupee (PKR) on Wednesday depreciated by 02 paisa against the US Dollar (USD) in the interbank trading and closed at Rs. 279.97 against the previous day’s closing of Rs. 279.95. The price of the Euro increased by 46 paisa to close at Rs. 305.68 against the last day’s closing of Rs. 305.22, according to the State Bank of Pakistan (SBP). The Japanese yen went down by 02 paisa and closed at Rs. 1.88, whereas an increase of 59 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs. 362.31 as compared to the last day’s closing of Rs. 361.72. The exchange rate of the Emirates Dirham remained unchanged and closed at Rs. 76.22, while the Saudi Riyal went up by 01 paisa to close at Rs. 74.65.