The US dollar rate in Pakistan further increased by Re0.8 (08 paisa) against Pakistani rupee to Rs278.55 in the interbank market on Tuesday (Dec 31) 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 278.10 and Rs 279.60. respectively.

The price of the Euro decreased by 13 paisa to close at Rs 290.08 against the last day’s closing of Rs290.21, according to the State Bank of Pakistan (SBP).

The Japanese yen went up by 02 paisa and closed at Rs1.78, whereas a decline of 26 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs349.70 as compared to the last day’s closing of Rs349.96.

The exchange rate of the Emirates Dirham increased by 02 paisa and closed at Rs 75.83, while the Saudi Riyal came down by 02 paisa to close at Rs74.14.