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Dollar Sheds Against PKR

Karachi: The exchange rate of Pakistan rupee strengthened by 49 paisa against the US dollar in interbank trading on Tuesday and closed at Rs 175.71 as compared to the previous day’s closing of Rs 176.20.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded at Rs 176.6 and Rs 178.1 respectively.

Similarly, the price of the euro was appreciated by 71 paisa and closed at Rs 199.04 against the last day’s trading of Rs 198.56, the State Bank of Pakistan reported.