KARACHI: August 7, 2023: The rupee lost substantially in open market on Monday as its value reduced by Rs 2 to settle at Rs 291.00 (buying) and Rs 294.00 (selling) against its value of Rs 289.00 (buying) and Rs 292.00 (selling) respectively on last Friday.
In interbank, however, the rupee lose against US currency is marginal. In interbank, USD is trading at Rs 287.00 (buying) and Rs 287.30 (selling) respectively.
The data released by All Pakistan Currency Dealers (APCDA) suggests that other major currencies like Saudi Riyal, United Arab Emirate (UAE), Euro, Pound Sterling are also showing upward trend in the local currency market today. Saudi Riyal is trading at Rs 77.20 (buying) and Rs 78.00 (selling) respectively. UAE dirham is trading at Rs 81.20 (buying) and Rs 82.00 (selling).
EURO is trading at Rs 317.80 (buying) and Rs 321.00 (selling) respectively. Pound Sterling rate in local currency market today is Rs 368.30 (buying) and Rs 372.00 (selling). AUD is trading at Rs 195.00 (buying) and Rs 200.00 (selling). CAD is trading at Rs 219.00 (buying) and Rs 222.00 (selling). Chinese Yuan is trading at Rs 42.00 (buying) and Rs 44.00 (selling) respectively.