Dollar climbs record high of Rs 176.42

Dollar climbs record high of Rs 176.42

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KARACHI: The value of US dollar reached an all-time high of Rs 176.42 against the rupee on Thursday as the greenback appreciated by 94 paisa against the local currency.
However, the buying and selling rates of dollars in the open market were recorded at Rs 176.5 and Rs 178 respectively. Similarly, the price of the euro was appreciated by 88 paisa and closed at Rs 199.57 against the last day’s trading of Rs 198.69. The Japanese yen gained 1 paisa to close at Rs 1.55, whereas an increase of 62 paisa was witnessed in the exchange rate of the British Pound, which was traded at Rs 234.35 as compared to its last closing of Rs 233.73. The exchange rates of UAE dirham and Saudi riyal increased by 25 paisa each to close at Rs 48.03 and Rs 47.02 respectively.