US dollar rate in Pakistan on Aug 29 down by 19 paisa to Rs278.64

KARACHI: The US dollar rate in Pakistan further appreciated by Re0.19 (19 paisa) against Pakistani rupee to Rs278.64 in the interbank market on Thursday (Aug 29) as per the State Bank of Pakistan (SBP).

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278.5 and Rs 280 respectively.

The price of Euro decreased by Rs1.13 paisa to close at Rs 309.59 against the last day’s closing of Rs 310.72, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs1.92, whereas a decrease of 38 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs368.07 as compared to the last day’s closing of Rs368.45.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 05 paisa each to close at Rs75.86 and Rs74.25 respectively.