Fluctuations in the global market, changes in the rates of the dollar and other currencies in the open market

KARACHI: Due to uncertainty in the global market and economic volatility, the rates of foreign currencies are being changed in the open market of Pakistan. According to the latest forex rates issued on April 7, 2025, the buying price of the US dollar was recorded at Rs 280.60 and the selling price at Rs 282.10.
An increase in the price of the British pound was also seen, which is available for Rs 366.50 on purchase and Rs 370 on sale. The euro currency is trading at Rs 310.75 on buying and Rs 313.50 on selling.
Other currencies are as follows:
Saudi Riyal: Buy Rs. 74.45, sell Rs. 75.00
UAE dirham: Buy Rs 76.10, sell Rs 76.75
Canadian Dollar: Buy Rs 199.35, sell Rs 201.75
Australian Dollar: Rs 175.50 for buying and Rs 177.75 for selling
Chinese Yuan: Buy Rs. 37.59, sell Rs. 37.99
Japanese Yen: Buy Rs 1.87, sell Rs 1.93
According to forex experts, the rise in the value of the dollar is the result of strong signals of the US economy globally and the demand-supply gap in the local market. Further changes in the currency market in the coming days will depend on global financial conditions and Pakistan’s economic policies.