Pakistani rupee drops against US dollar

May 14, 2025

Pakistani Rupee (PKR) on Tuesday depreciated by 11 paisa against the US Dollar in the interbank trading and closed at Rs 281.67 against the previous day’s closing of Rs 281.56.

According to the Forex Association of Pakistan (FAP), the buying rate of the US dollar in the open market was Rs 282.20, while the selling rate stood at Rs 283.70.

The State Bank of Pakistan (SBP) reported that the value of the Euro went up by Rs 0.35, closing at Rs 313.21 compared to the previous day’s rate of Rs 312.86.

The Japanese yen stayed the same and ended the day at Rs 1.90. Meanwhile, the British Pound saw an increase of Rs 1.10, trading at Rs 372.17 compared to the last closing rate of Rs 371.07.

The exchange rates for the Emirates Dirham and Saudi Riyal each rose by 3 paisa, closing at Rs 76.68 and Rs 75.09, respectively.

byWeb Desk

Published May 14, 2025

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