US dollar rate in Pakistan on Oct 18 down by 0.18 paisa to Rs277.61

KARACHI: The US dollar rate in Pakistan further decreased by Re0.18 (18 paisa) against Pakistani rupee to Rs277.61 in the interbank market on Friday (Oct 18) 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 Rs277.75 and Rs279.25 respectively.

The price of Euro decreased by 50 paisa to close at Rs301.02 against the last day’s closing of Rs301.52, according to the State Bank of Pakistan (SBP).

The Japanese yen came down by 01 paisa and closed at Rs1.84, whereas an increase of Rs 1.19 was witnessed in the exchange rate of the British Pound, which traded at Rs362.02 as compared to the last day’s closing of Rs360.83.

The exchange rates of the Emirates Dirham and Saudi Riyal decreased by 04 paisa and 05 paisa to close at Rs75.58 and Rs73.91 respectively.

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