Forex

Pakistani Rupee Shows Stability Against Major Currencies in Open Market

Karachi: The Pakistani rupee remained relatively stable against major foreign currencies in the open market on Monday, April 14, 2025, as traders observed moderate fluctuations across the board. According to the latest data, the US dollar was being bought at Rs. 280.65 and sold at Rs. 282.15, reflecting minimal change from previous sessions.

Among other major currencies, the Euro traded at Rs. 307.40 for buying and Rs. 310.15 for selling, while the UK Pound Sterling stood firm at Rs. 359.60 (buying) and Rs. 363.10 (selling). The Saudi Riyal and UAE Dirham were recorded at Rs. 74.70 and Rs. 76.35 for buying, respectively.

The Australian Dollar was available at Rs. 174.00 for buying and Rs. 176.25 for selling, and the Canadian Dollar traded at Rs. 199.35 (buying) and Rs. 201.75 (selling). The Chinese Yuan was noted at Rs. 37.59 for buying and Rs. 37.99 for selling, while the Japanese Yen hovered at Rs. 1.91 and Rs. 1.97, respectively.

Forex dealers expect marginal movement in rates ahead of anticipated economic data releases and evolving global market trends. Traders are advised to monitor the market closely for any potential volatility.

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