The previous day’s closing was Rs278.64. The buying and selling rates of the dollar in the open market stood at Rs 278.50 and Rs 280 respectively, according to the Forex Association of Pakistan (FAP).

The State Bank of Pakistan (SBP) said that the price of Euro decreased by 26 paisa to close at Rs 308.18 against the last day’s closing of Rs 308.44.

The Japanese yen remained unchanged and closed at Rs1.90, whereas a decrease of 37 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs365.72 as compared to the last day’s closing of Rs366.09.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 02 paisa and 01 paisa to close at Rs75.88 and Rs74.26 respectively.

On the first trading day of the current week, local currency declined by 11 paisa against the United States (US) dollar in the interbank trading and closed at Rs278.64.

The buying and selling rates of the dollar in the open market stood at Rs 278.25 and Rs 279.75 respectively, the Forex Association of Pakistan (FAP) said.