Rupee Posts Gains Against US Dollar for Third Consecutive Day

The Pakistani Rupee (PKR) on Friday gained 05 paisa against the US Dollar (USD) in the interbank trading and closed at Rs. 280.16 against the previous day’s closing. Om Thursday, the PKR gained 05 paisa against the USD in the interbank trading and closed at Rs. 280.21. The price of the Euro increased by 81 paisa to close at Rs. 302.42 against the last day’s closing of Rs. 301.61, according to the State Bank of Pakistan (SBP). The Japanese yen remained unchanged and closed at Rs 1.86, whereas an increase of Rs. 1.15 was witnessed in the exchange rate of the British Pound, which was traded at Rs. 362.96 as compared to the last day’s closing of Rs. 361.81. The exchange rates of the Emirates Dirham decreased by 02 paisa and closed at Rs. 76.27 and Saudi Riyal remained stagnant and closed at Rs. 74.69.