USD to PKR rate further weakens by Rs3 to Rs304

KARACHI: The US dollar further became cheaper by Rs 3 and closed at Rs 304 from Rs 307 in the open market on Friday.

Meanwhile, the rupee gained Rs 2 against the US dollar in the interbank trading and closed at Rs 302.94 against the previous day’s closing of 304.94.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 302 and Rs 305 respectively.

The price of the Euro decreased by Rs 2.19 to close at Rs324.48 against the last day’s closing of Rs326.67, according to the State Bank of Pakistan (SBP).

The Japanese Yen came down by 01 paisa and stood at Rs2.05, whereas a decrease of Rs1.70 was witnessed in the exchange rate of the British Pound, which traded at Rs378.50 as compared to the last closing of Rs Rs380.20.

The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 54 paisa each to close at Rs82.48 and Rs80.76 respectively.