KARACHI: The foreign exchange market in Pakistan continues to reflect a mixed trend, with major currencies showcasing varied movements against the Pakistani Rupee (PKR). The latest open market rates indicate relative stability for some currencies, while others experienced slight fluctuations.
Currency Rates (Buying & Selling)
The open market rates for key currencies are as follows:
US Dollar (USD): PKR 277.95 (buying) | PKR 279.45 (selling)
UK Pound Sterling (GBP): PKR 349.05 (buying) | PKR 352.55 (selling)
Euro (EUR): PKR 287.25 (buying) | PKR 290.00 (selling)
Canadian Dollar (CAD): PKR 195.60 (buying) | PKR 198.00 (selling)
Australian Dollar (AUD): PKR 174.75 (buying) | PKR 177.00 (selling)
Chinese Yuan (CNY): PKR 37.99 (buying) | PKR 38.39 (selling)
Japanese Yen (JPY): PKR 1.85 (buying) | PKR 1.91 (selling)
Saudi Riyal (SAR): PKR 73.75 (buying) | PKR 74.30 (selling)
UAE Dirham (AED): PKR 75.40 (buying) | PKR 76.05 (selling)
The US Dollar, a key currency for trade and remittances, remained stable, with buying and selling rates hovering at PKR 277.95 and PKR 279.45, respectively. The UK Pound Sterling and Euro exhibited strength, maintaining their positions as higher-value currencies in the market.
Meanwhile, regional currencies such as the Saudi Riyal and UAE Dirham showed minimal volatility, indicating consistent demand linked to expatriate remittances and trade activities.
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