The rupee appreciated by 11 paise against the dollar in the interbank market on Friday and closed at Rs278.53 against the previous day’s closing of Rs278.64.

The buying and selling rates of the dollar in the open market stood at Rs278.65 and Rs279.75 respectively, according to the Forex Association of Pakistan.

The Euro price decreased by 79 paise to close at Rs308.80 against the last day’s closing of Rs309.59, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs1.92, whereas a decrease of 73 paise was seen in the exchange rate of the British Pound, which traded at Rs367.34 as compared to the last day’s closing of Rs368.07.

The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by three paise each to close at Rs75.83 and Rs74.22 respectively.