Pakistani foreign exchange market began the week with varied trends as the rupee traded in a narrow range against major currencies on Monday.
Dealers reported that the US dollar stood at Rs283.60 for buying and Rs284.10 for selling, showing little movement compared to previous sessions.
According to updated market data, the euro was recorded at Rs327.75 for buying and Rs329.20 for selling. The British pound traded higher at Rs379.20 and Rs380.70, respectively.
Among Gulf currencies, the UAE dirham was available at Rs77.20 for buying and Rs77.35 for selling, while the Saudi riyal was quoted at Rs75.50 and Rs75.65.
Read More: PSX Rises as Key Stocks Lead Gains
Other currencies also saw stable trends. The Canadian dollar stood at Rs202.50 and Rs207.50, while the Swiss franc was noted at Rs347.32 and Rs350.07.
The Kuwaiti dinar, one of the strongest regional currencies, traded between Rs917.75 and Rs925.75. The Bahraini dinar remained firm at Rs751.25 and Rs753.75.
Asian currencies showed little change, with the Chinese yuan at Rs39.01 and Rs39.41, and the Japanese yen trading at Rs1.90 and Rs2.00.
Analysts said that while the rupee has resisted sharp fluctuations, underlying pressures remain due to import demand, external repayments, and global economic uncertainty.
