Rupee Marginally Gains Against US Dollar

ISLAMABAD — The Rupee registered a slight appreciation of one paisa against the US Dollar in interbank trading on Monday, closing at Rs 278.31 as compared to the previous closing of Rs 278.32.

According to the Forex Association of Pakistan, the dollar was being bought and sold at Rs 279 and Rs 279.50, respectively, in the open market. Meanwhile, the Euro experienced an increase of Rs 1.03, closing at Rs 322.99 from Rs 321.96 the day before, as reported by the State Bank of Pakistan.

The Japanese Yen held steady at Rs 1.73, whereas the British Pound saw a rise of Rs 0.82, settling at Rs 373.75 over the previous rate of Rs 372.93. Additionally, the Emirate Dirham’s rate declined by one paisa to Rs 75.77, while the Saudi Riyal appreciated by two paisas to Rs 74.16.

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