The currency weakened by 23 paisa against the US dollar in interbank trade and closed at Rs179.21 against the previous day’s close at Rs178.98. According to the Forex Association of Pakistan (FAP), the buying and selling rates for the dollar in the open market were recorded at Rs179.8 and Rs180.8 respectively.

The weakness in the value of the Pakistani rupee against the US dollar will automatically affect its exchange rate with the UAE dirham, as the currency of the United Arab Emirates is pegged to the dollar.

Similarly, the value of the Rupee against the Euro depreciated by 98 Paisas and closed at Rs197.22 against the previous day’s close at Rs196.24. An increase of 0.09 paisas was seen in the exchange rate of the British pound, which was trading at Rs233.64 from its last close of Rs233.55.

The Pakistani rupee’s exchange rate weakened by 49 paisa against the US dollar in interbank trade on Monday and closed at Rs178.98 against the previous day’s close of Rs178.51.

The exchange rates of the UAE dirham and the Saudi riyal depreciated by 12 paisas to close at Rs48.72 and Rs47.70 respectively.

According to the Forex Association of Pakistan (FAP), the buying and selling rates for the dollar in the open market were recorded at Rs178.8 and Rs179.9 respectively. Similarly, the price of the rupee against the euro depreciated by 38 paisas and closed at Rs196.24 against the previous day’s close at Rs196.62.

The Pakistani Rupee, against the Japanese Yen, lost 01 paisa to close at Rs1.51, while a drop of 08 paisa was seen in the exchange rate of the British Pound, which traded at Rs233.55 per from its last close of Rs233. .63.