Pakistan closing rupee rates in the kerb market Show substantial improvement over Last Week

By: ahmad

Karāchi : Pakistan | about 1 year ago

5 0

Over the last one week, Rupee is showing marked improvement visa vis US $, UK£ and Euro. Importantly, Pakistan rupee was on a continuous decline touching Rs.90 to a US$ and Rs. 147 to a UK£.

The improved parity rate is apparantly the result of Government decision to accept IMF package.

Wednesday's rupee rates at 1200 GMT in the kerb market from the Forex Association of Pakistan. Buying rate Selling rate for various currencies are given below.

U.S. dollar 78.80 79.80
Euro 98.20 99.20, Pound sterling 120.50 121.50, Japanese yen 0.7970 0.7975, Saudi riyal 20.80 20.85, UAE dirham 22.30 22.35
Indian rupee 1.62 1.67, Kuwaiti dinar 286.80 287.20 and Singapore dollar 51.35 51.50

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