Rupee jumps Rs2.37 against dollar, closes at Rs161.12

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Pakistani Rupee continued with the bullish trend on Tuesday, gaining Rs2.37 against US dollar in the interbank market to close at Rs161.12, as against the previous close at Rs163.49.

However, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs161 and Rs163, respectively.

The State Bank of Pakistan reported that in interbank, the price of Euro depreciated by Rs3.43 to close at Rs174.67 against the last day’s trading of Rs178.10.

The Japanese yen depreciated by 01 paisa and closed at Rs1.50 whereas a decrease of Rs4.61 was witnessed in the exchange rate of British Pound which was traded at Rs199.72 as compared to its last closing of Rs204.23.

The exchange rates of Saudi Riyal and Arab Emirates Dirham depreciated by 62 paisas and 65 paisas each to close at Rs42.94 and Rs43.86, respectively.

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