The US economy continues to show signs of slowing growth, which put the US dollar under pressure globally on Thursday. However, the yen, which was stuck near a 38-year low and kept the market on the lookout for government assistance, did not get much of a break from this.
The State Bank of Pakistan (SBP) reports that the price of the Euro climbed by Rs 1.19 to conclude at Rs 299.58 compared to the previous day’s closing of Rs 298.39.
The British Pound saw a gain of Rs 1.92 in exchange rates, closing at Rs 353.37 compared to the previous day’s closing of Rs 351.45, while the Japanese yen stayed steady and concluded at Rs 1.72.
