The rupee fell by nine paisa against the dollar in the interbank market on Thursday, closing at Rs278.39 compared to the previous day’s closing rate of Rs 278.30.

The buying and selling rates of the dollar in the open market were Rs277.25 and Rs279.9 respectively, according to the Forex Association of Pakistan (FAP).

The exchange rate of the Euro increased by nine paisa, closing at Rs302.72 against the previous day’s closing of Rs 302.63, the State Bank of Pakistan said.

The Japanese Yen remained unchanged, closing at Rs1.78 while the British Pound witnessed an increase of 29 paisa, trading at Rs355.86 compared to the last day’s closing of Rs355.57.

Furthermore, the exchange rates of the Emirates Dirham and the Saudi Riyal also saw slight increases, rising by three paisa and two paisa to close at Rs75.79 and Rs74.22 respectively.