Currency Market Shows Stability with Minor Shifts in Rates

Ali
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Ali
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The Pakistani rupee showed little change against the US dollar on Thursday, with exchange rates indicating stability in both the interbank and open markets.

Market data revealed that the dollar was available at Rs284.65 for buying and Rs285.25 for selling in the open market. In interbank trade, it closed at Rs282.15. The figures suggested that the dollar held its ground, with no significant difference from the previous day’s Rs284 level.

Other currencies displayed slight variations. The British pound was traded between Rs380.20 and Rs382.90, while the euro moved within Rs328.80 and Rs330.30. The Saudi riyal and UAE dirham were largely unchanged, standing at Rs75.80–76.00 and Rs77.45–77.60, respectively.

The Canadian and Australian dollars showed wider margins, with the Canadian dollar ranging from Rs205 to Rs210, and the Australian dollar between Rs182.75 and Rs187.75. The Chinese yuan settled at Rs39.03 for buying and Rs39.43 for selling.

Strong Gulf currencies remained firm, with the Kuwaiti dinar between Rs919.35 and Rs931.35, and the Omani riyal at Rs737.70–747.70. The Qatari riyal hovered near Rs77.24–77.94. Regional units such as the Japanese yen (Rs1.80–1.90) and Indian rupee (Rs3.14–3.23) also recorded minor changes.

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