KARACHI: The US dollar rate in Pakistan further strengthened by Re0.10 (10 Paisa) against Pakistani rupee to Rs278.50 in the interbank market on Thursday (July 04).as per the State Bank of Pakistan (SBP).
Globally, the US dollar was on the backfoot on Thursday after US economic data continued to point to slowing growth, although that gave little relief to the yen, which was pinned around a 38-year low that kept the market on alert for government intervention.
The price of the Euro increased by Rs 1.19 to close at Rs 299.58 against the last day’s closing of Rs 298.39, according to the State Bank of Pakistan (SBP).
The Japanese yen remained unchanged and closed at Rs 1.72, whereas an increase of Rs 1.92 was witnessed in the exchange rate of the British Pound, which was traded at Rs 353.37 as compared to the last day’s closing of Rs 351.45.
The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 01 paisa each to close at Rs 75.80 and RS 74.21 respectively.
