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Rupee extends losses towards greenback

The change charge of the Pakistani rupee depreciated by 51 paisa towards the US greenback within the interbank buying and selling on Friday and closed at Rs 229.66 towards the day prior to this’s closing of Rs 229.15. In response to the Foreign exchange Affiliation of Pakistan (FAP), the shopping for and promoting charges of greenback within the open market have been recorded at Rs 237.75 and Rs 240 respectively. The worth of the euro elevated by 99 paisa and closed at Rs 248.86 towards the day prior to this’s closing of Rs 247.87, based on the State Financial institution of Pakistan (SBP). The Japanese yen remained unchanged to shut at Rs 1.78, whereas a rise of Rs 1.21 was witnessed within the change charge of the British pound, which was traded at Rs 283.88 as in comparison with its final closing of Rs 282.62. The change charges of the Emirates dirham and Saudi riyal elevated by 14 paisa every to shut at Rs 62.52 and Rs 61.14 respectively.

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