The buying and selling rates of the dollar in the open market stood at Rs277.40 and Rs278.90 respectively, according to the Forex Association of Pakistan.

The Euro price decreased by 48 paise to close at Rs293.01 against the last day’s closing of Rs293.49, the State Bank of Pakistan said.

The Japanese yen went up by one paisa and closed at Rs1.79, whereas a decline of 96 paise was seen in the exchange rate of the British Pound, which traded at Rs350.58 as compared to the last day’s closing of Rs351.54.

The exchange rate of the Emirates Dirham and the Saudi Riyal increased by five and nine paise to close at Rs75.64 and Rs74.02 respectively.