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Pakistani Rupee Shows Stability in Open Market

Web Desk by Web Desk
December 17, 2024
in Forex News
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Karachi : The latest foreign exchange rates in Pakistan’s open market, updated today, indicate relative stability in major global currencies against the Pakistani rupee.

According to market reports:

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The US Dollar is being bought at 277.80 and sold at 279.30.

The Euro is trading at 290.00 (buying) and 292.75 (selling).

The UK Pound Sterling stands at 349.90 (buying) and 353.40 (selling).

The UAE Dirham is available at 75.35 (buying) and 76.00 (selling).

The Saudi Riyal is being traded at 73.70 (buying) and 74.25 (selling).

Other notable currencies include:

Australian Dollar: 176.99 (buying) and 179.24 (selling)

Canadian Dollar: 195.40 (buying) and 197.80 (selling)

Chinese Yuan: 37.99 (buying) and 38.39 (selling)

Japanese Yen: 1.86 (buying) and 1.92 (selling).

Traders and market analysts suggest the stability in rates reflects balanced foreign currency demand and supply, signaling steady performance of the Pakistani rupee in the open market.

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