Pakistani rupee appreciated by 11 paise against the US dollar on Tuesday in the interbank trading and closed at Rs277.86 against the previous day’s closing of Rs277.97.

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 two paise to close at Rs291.97 against the last day’s closing of Rs291.99, the State Bank of Pakistan said.

The Japanese yen remained unchanged and closed at Rs1.85 whereas a decrease of 51 paise was saw in the exchange rate of the British Pound, which traded at Rs352.19 as compared to the last day’s closing of Rs352.70.

The exchange rate of the Emirates Dirham and the Saudi Riyal decreased by four paise each to close at Rs75.64 and Rs73.95 respectively.