US dollar rate in Pakistan on Oct 2 down by 0.5 paisa to Rs277.63

KARACHI: The US dollar rate in Pakistan further decreased by Re0.5 (05 paisa) against Pakistani rupee to Rs277.63 in the interbank market on Wednesday (Oct 2) 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 278.50 and Rs 280 respectively.

The price of Euro decreased by Rs1.32 to close at Rs 307.31 against the last day’s closing of Rs 308.63, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs1.92, whereas a decrease of Rs 1.43 was witnessed in the exchange rate of the British Pound, which traded at Rs368.96 as compared to the last day’s closing of Rs 370.39.

The exchange rates of the Emirates Dirham and Saudi Riyal decreased by 02 paisa 04 paisa to close at Rs 75.58 and Rs73.97.

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