ISLAMABAD – Pakistani Rupee Looses Value Against The US Dollar. The exchange rate of Pakistani rupee against the US dollar is going on a turbulent trajectory. After selling on 159.7 rupees on 25th March, the dollar went rising up to 168.75 on 27th March. Making it a huge decrease in interbank.
According to details, State Bank of Pakistan reports dollar to be at 166 rupees against the dollar. Meanwhile, Forex Association of Pakistan says the buying and selling rates of Dollar in open market today were at Rs. 166 and Rs. 166.50 respectively.
Pakistani Rupee Looses Value Against The US Dollar.
The SBP further reported that in interbank, the price of Euro further depreciated by 12 rupees and traded at Rs. 184.56 today. The Japanese yen also increased at Rs. 1.56 as well as the British pound sterling which increased upto 205 .84. This is huge increase from 184.54 just a week ago. The exchange rate of Saudi Riyal and Arab Emirates Dirham increased as well and were closed at Rs. 44.32 and Rs. 45.28 respectively.