The rupee depreciated by 13 paise against the US dollar in the interbank trading and closed at Rs277.86 on Monday against the previous day’s closing of Rs277.73.

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 Rs1.87 to close at Rs297.07 against the last day’s closing of Rs298.94, according to the State Bank of Pakistan.

The Japanese yen came down by two paise and closed at Rs1.80, whereas a decline of Rs1.28 was seen in the exchange rate of the British Pound, which traded at Rs358.26 as compared to the last day’s closing of Rs359.54.

The exchange rate of the Emirates Dirham and the Saudi Riyal went up by three and four paise to close at Rs75.64 and Rs73.97, respectively.