Rupee plunges Rs 1.59 against dollar

Exchange rates 18th Oct 2021: The exchange rate of Pakistan rupee against US dollar plunged by Rs 1.59 in the interbank trading on Monday to close at Rs 172.77 against the previous day’s closing of Rs 171.18.

According to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs 172.4 and Rs 173.4 respectively.

Similarly, the price of euro which was traded at Rs200.18 , appreciated by Rs 1.40 as compared to its last closing of Rs198.78, the State Bank of Pakistan reported.

The Japanese Yen gained one paisa to close at Rs 1.51, whereas an increase of Rs 2.45 was witnessed in the exchange rate of British Pound, which was traded at Rs237.33 as compared to its last closing of Rs 234.88.

The exchange rates of Emirates Dirham and Saudi Riyal increased by 43 paisas each to close at Rs 47.03 and Rs 46.06 respectively.

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