But the Forex Association of Pakistan that the buying and selling rates of dollars in the open market stood at Rs2905 and Rs 293 respectively, the Associated Press of Pakistan reported.

Moreover, the local currency gained four paisas against the dollar in interbank trading as it closed at Rs287.21 against the previous day’s closing of Rs287.25.

The price of the Euro went up by Re0.7 to close at Rs313.98 against the last day’s closing of Rs313.91, according to the State Bank of Pakistan.

The Japanese Yen remain unchanged to close at Rs2.02, whereas a decrease of Re0.87 was witnessed in the exchange rate of the British Pound, which traded at Rs367.20 as compared to its last day’s closing of Rs368.07.

The exchange rates of the Emirates Dirham and the Saudi Riyal depreciated by two paisas each to close at Rs78.19 and Rs76.56 respectively.