KARACHI: August 18, 2023: After a day, the rupee again loses steam and devalues against US dollar on Friday. The rupee had held ground a day before but it proved a short-lived success for it.
The data released by All Pakistan Currency Dealers Association (APCDA) today suggested that in open market USD-PKR parity rose to Rs 299.00 (buying) and Rs 302.00 (selling). In interbank, USD recorded appreciation of Rs 1.75 and its trading at Rs 295. 75 against last day’s Rs 294.00 (buying) and Rs 295.90 against Rs 294.60 (selling) respectively.
Other major currencies are in winning mode against the rupee today. At the closing of the first trading session, Saudi Riyal traded at Rs 80.00 (buying) and Rs 80.80 (selling). UAE dirham is valuing at Rs 82.40 (buying) and Rs 83,30 (selling) respectively.
Euro is trading at Rs 324.80 (buying) and Rs 328.00 (selling) respectively. UK pound sterling is trading at Rs 381.00 (buying) and Rs 385.00 (selling) and AUD valued today at Rs 200.00 (buying) and Rs 204.00 (selling). CAD was trading at Rs 221.00 (buying) and Rs 224.00 (selling) respectively. Chinese Yen was trading at Rs 44.00 (buying) and Rs 45.00 (selling) respectively.
