The Pakistani Rupee remained under mild pressure in both the interbank and open markets today, with the US Dollar registering modest gains. Currency traders reported the Dollar buying rate at PKR 283.15, while the selling rate reached PKR 284.55.
The British Pound also traded on the higher side, with rates between PKR 384.3 and 387.80. The Euro maintained strength, buying at PKR 326.05 and selling at PKR 328.8. The Canadian Dollar also showed some upward movement, trading in the range of PKR 207.60 to 210.
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On the other hand, Gulf currencies such as the UAE Dirham and Saudi Riyal remained relatively steady, hovering around PKR 77 and 75.4 respectively.
Meanwhile, other major currencies like the Australian Dollar, Swiss Franc, and Japanese Yen exhibited slight variations. Market analysts suggested that global economic concerns and local demand pressures are contributing to these fluctuations in foreign exchange rates.
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Experts are closely watching regional developments and monetary policy cues, which could impact the Rupee’s stability in the coming weeks.
Currency Exchange Rates (PKR)
| Currency | Symbol | Buying | Selling |
|---|---|---|---|
| US Dollar | USD | 283.15 | 284.55 |
| Euro | EUR | 326.05 | 328.80 |
| UK Pound Sterling | GBP | 384.30 | 387.80 |
| UAE Dirham | AED | 77.00 | 77.65 |
| Saudi Riyal | SAR | 75.40 | 75.95 |
| Canadian Dollar | CAD | 207.60 | 210.00 |
| Swiss Franc | CHF | 335.55 | 338.35 |