Rupee sheds 10 paisas against dollar

Source: The Nation

ISLAMABAD - Pakistani rupee on Thursday shed 10 paisas against the US dollar in the interbank trading and closed at Rs 278.20 against the previous day's closing of Rs 278.10. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, stood at Rs 277.00 and Rs 279.80 respectively. The price of the Euro remained constant at Rs 298.62, according to latest economic data of the SBP. The Japanese Yen shed 1 paisa and was traded at Rs 1.78 against Rs 1.79, whereas an increase of Rs 30 paisas was witnessed in the exchange rate of the British Pound, which was traded at Rs 347.11 compared to the last closing of Rs 346.81.