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Rupee gains 06 paisa against dollar in open market

ISLAMABAD: Pakistani Rupee on Wednesday witnessed a devaluation of 08 paisa against the US dollar in the inter-bank trading and closed at Rs 277.91

On the other hand Pakistani rupee appreciated in the open market by six paisas. After the decrease dollar declined to Rs 279.98.

Last day the dollar was closed in the open market at Rs 280.4.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 278 and Rs 281.75 respectively.