Rupee Extends Loss Against Dollar

The Indian rupee continues to lose ground against the US dollar. The exchange rate for the dollar On the 29th of December, 2021 In inter bank trading on Wednesday, the Pakistani rupee’s value against the US dollar fell by five Pisa’s to Rs178.23, down from Rs178.18 the day before.

Purchase and Sale in the Open Market

There were Rs179.6 and Rs180.8 dollars available for purchase and sale in the open market, according to the Forex Association of Pakistan (FAP).

According to the State Bank of Pakistan, the euro depreciated by 75 paisa’s and ended the day at Rs200.97, down from the previous day’s trading price of Rs201.72.

Japanese Yen

The value of the Japanese Yen remained stable at Rs1.55, while the value of the British Pound fell by 24 paisa to trade at Rs239.13, down from Rs239.37 at the previous close.

Emirates Dirham and Saudi Riyal exchange rates closed at Rs48.52 and Rs47.46, respectively, an increase of one paisa.

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