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Open Market Forex Rates for Development of Pakistani Rupee Stability

Muhammad Ali (Web Desk Reporter) by Muhammad Ali (Web Desk Reporter)
December 23, 2024
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In the open market, up to and including December 23, 2024, the Pakistani rupee has been comparatively stable, and a limited fluctuation in the rates of various major foreign currencies has been observed. Today, as per the current dollar rate, the buying rate of USD is PKR 278.10, and the selling rate of USD is PKR 279.60. The euro slightly continues with a strong trend, buying at PKR 288.35 and selling at PKR 291.10.

Some of the other currencies also maintained reasonably stable values/rates as follows: The British pound sterling is being traded at PKR 347.40 to the purchasing power, while one can sell it at PKR 350.90. The Australian dollar is being traded at PKR 174.75 in buying power, while the selling power of the Australian dollar is PKR 177.00. The Canadian dollar buying rate is PKR 194.60, and the selling rate is PKR 197.00.

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It fixed the Saudi Riyal at PKR 73.80 for buying and 74.35 for selling; similarly, the UAE Dirham is at PKR 75.45 for buying and PKR 76.10 for selling. The current exchange rate of the Chinese Yuan is on the buy list, and the sell list is PKR 37.99 and PKR 38.39, respectively, on 07-02-2011. On the other hand, the Japanese yen bought at PKR 1.86 and sold at PKR 1.92.

These rates reflect the buying and selling prices of these currencies in Pakistan’s open market, as updated today.

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