KARACHI: Rupee made nominal recovery of 0.46 percent (Rs 1.28) against dollar in interbank market, snapping three-day losing streak, reports quoting State Bank of Pakistan. 

According to details, rupee gained Rs 1.28 against dollar in interbank market to close at 275.29, up from Friday’s close of Rs 276.58. Earlier in day, it was reported that  Pakistani rupee gained 5.58 against dollar in interbank market.

Meanwhile, Forex Association of Pakistan stated that dollar buying and selling rates in open market were recorded at Rs 275.25 and Rs 278.00 respectively.

Price of euro also depreciated by Rs 4.32 and closed at Rs 296.96 against previous day’s closing of Rs 301.28, according to State Bank of Pakistan.

Japanese yen decreased by 5 paisa to close at Rs 2.14, whereas an increase of Rs 5.30 was witnessed in exchange rate of British pound, which was traded at Rs 332.06 as compared to its last closing of Rs 337.36.

Published in The Daily National Courier, February, 07 2023

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