ISLAMABAD: The Pakistani rupee appreciated by 0.03 paisa against the US dollar in interbank trading on Monday, closing at Rs277.97 compared to the previous rate of Rs278.00.

According to the Forex Association of Pakistan (FAP), the open market buying and selling rates of the dollar stood at Rs277.50 and Rs279.00, respectively.

The euro experienced a decline of 54 paisa, ending the day at Rs293.66 against the last closing rate of Rs294.20, as per the State Bank of Pakistan (SBP).

Meanwhile, the Japanese yen remained steady at Rs1.84, while the British pound saw a marginal decrease of 0.01 paisa, trading at Rs354.82 compared to Rs354.83 previously.

The exchange rate of the Emirates Dirham also remained unchanged at Rs75.68, while the Saudi Riyal slipped by 0.01 paisa to close at Rs73.99.

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