USD exchange rate: Rupee continues rally against USD

The Pakistani Rupee (PKR) has continued its appreciateion gaining 10.99 paisa, or 0.04%, against the US Dollar during Thursday’s interbank session. In the open market, exchange companies quoted the US Dollar at Rs277.02 for buying and Rs278.80 for selling. Against the Euro, the Ruppee rose by Rs1.53, or 0.52%, closing at Rs293.07 compared to the previous rate of Rs294.60. This upward trend continued against the British Pound as well, with the Ruppee appreciating by Rs1.42 or 0.40%, to close at Rs352.44 from Rs353.86. Among other currencies, the Euro maintained a selling rate of Rs293.55 and a buying rate of Rs293.02. Meanwhile the British Pound sold for Rs353.00 and bought for Rs352.36.