Rupee Extends Winning Streak Against Dollar With Slight Gain

The Pakistani Rupee (PKR) on Monday appreciated by 01 paisa against the US Dollar (USD) in the interbank trading and closed at Rs. 282.45 against the previous day’s closing Rs. 282.46. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 284.1 and Rs 285.6, respectively. The price of the Euro decreased by 54 pasia to close at Rs. 328.83 against the last day’s closing of Rs. 329.37, according to the State Bank of Pakistan (SBP). The Japanese yen remained unchanged and closed at Rs. 1.91, whereas an increase of Rs. 0.21 was witnessed in the exchange rate of the British Pound, which was traded at Rs. 380.07 compared to the previous day’s closing of Rs. 379.86. The exchange rates of the Emirates Dirham and the Saudi Riyal also remained stagnant and closed at Rs. 76.90 and Rs. 75.26, respectively.