The Pakistani Rupee appreciated by 01 paisa against the US Dollar in interbank trading, closing at Rs279,66 compared to the previous day’s Rs279,67. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were Rs280,55 and Rs282,2.

The Euro increased by Rs0,20 to close at Rs333,23 from Rs333,02, according to the State Bank of Pakistan (SBP). The Japanese Yen also rose by 03 paisa, closing at Rs1,82.

The British Pound witnessed a larger increase of Rs10,11, ending at Rs382,42 compared to Rs382,31 previously. On the other hand, the Emirates Dirham and the Saudi Riyal fell by 01 paisa each, closing at Rs76,13 and Rs74,56.

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These movements indicate that while the Rupee remains relatively steady against the Dollar, other major currencies like the Pound and Euro are fluctuating. This can affect importers, exporters, and investors who follow forex trends closely.

The Rupee’s slight gain shows stability in interbank trading. Rising Pound and Euro rates could increase import costs. Citizens and businesses should monitor currency trends carefully. Even small changes in forex rates can affect prices of goods and investments.