Karachi – Pakistan’s interbank foreign exchange market is showing a relatively stable trend on Thursday while the Pakistani rupee is maintaining its position against major international currencies.
According to the latest interbank data, the US dollar is trading at Rs 278.25 for buying and Rs 278.75 for selling. Market observers say that the current level of the dollar reflects that the balance between supply and demand is being maintained in the foreign exchange market.
The British pound is available at Rs 372.46 for buying and Rs 373.13 for selling, while the euro is available at Rs 321.33 for buying and Rs 321.91 for selling. These data show that the Pakistani rupee is trying to remain relatively stable against global currencies.
In the context of business and remittances related to Gulf countries, the UAE dirham is trading at Rs 75.76 for buying and Rs 75.90 for selling, while the Saudi riyal is trading at Rs 74.11 for buying and Rs 74.24 for selling.
Economists say that remittances, exports and external financial discipline are supporting Pakistan’s currency market. The ongoing economic reforms and financial stability efforts at the government level are also playing a role in improving market confidence.
Other major currencies, including the Canadian dollar, Australian dollar, Swiss franc and Singapore dollar, are also trading with limited volatility, indicating an overall orderly and balanced interbank environment.
According to analysts, if there is no unusual pressure in global financial markets, the Pakistani rupee can maintain a relatively stable trend in the coming days.
| Flag | Code | Bank Buying | Bank Selling |
|---|---|---|---|
 |
USD | 278.25 | 278.75 |
 |
GBP | 372.46 | 373.13 |
 |
EUR | 321.33 | 321.91 |
 |
AED | 75.76 | 75.90 |
 |
SAR | 74.11 | 74.24 |
 |
CAD | 199.49 | 199.85 |
 |
AUD | 195.39 | 195.74 |
 |
CNY | 41.06 | 41.13 |
 |
DKK | 42.99 | 43.07 |
 |
HKD | 35.51 | 35.57 |
 |
JPY | 1.74 | 1.74 |
 |
SGD | 216.15 | 216.54 |
 |
SEK | 29.37 | 29.43 |
 |
CHF | 348.25 | 348.88 |
 |
THB | 8.45 | 8.47 |
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