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Pak Rupee and US Dollars

Pak Rupee depreciates against US$

ISLAMABAD: Pakistani Rupee on Friday (10th Nov, 2023) witnessed 14 paisa depreciation against US Dollar in the interbank trading and closed at Rs. 287.03 against the previous day’s closing at Rs. 286.89.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs. 287 and Rs. 289.5 respectively.

The price of the Euro increased by 26 paisa to close at Rs. 306.26 against the last day’s closing of Rs. 306.00, according to the State Bank of Pakistan (SBP).

The Japanese Yen lost one paisa to close at Rs. 1.89; whereas, a decrease of 95 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs. 350.52 as compared to the last closing of Rs. 351.47.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 03 and 05 paisa to close at Rs. 78.14 and Rs. 76.52 respectively.

Newspakistan.tv/APP

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.