Foreign currency exchange rates remained largely stable on June 5, with the US Dollar, British Pound, and Euro holding dominant positions in Pakistan’s forex market. While minor changes were observed, overall trends reflected steady global demand and regional trade flows.
Market data showed the US Dollar being purchased at Rs282.40 and sold at Rs284.20, maintaining a firm grip amid cautious trading activity. The British Pound Sterling also remained strong, with a buying rate of Rs381.55 and a selling price of Rs385.50. The Euro followed a similar pattern, trading at Rs321.00 for buying and Rs324.00 for selling.
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Regional currencies also showed resilience. The UAE Dirham was quoted at Rs76.60 (buying) and Rs77.15 (selling), while the Saudi Riyal stood at Rs74.60 and Rs75.15 respectively. Currency dealers noted that the sustained strength of these Gulf currencies is linked to their stable demand for remittances and commercial dealings.
Other currencies such as the Australian Dollar, Canadian Dollar, and Swiss Franc also displayed consistent rates, while minor variations were seen in Asian currencies like the Chinese Yuan and Japanese Yen. Analysts suggested that with no major global economic shocks or policy announcements, the forex market is expected to stay stable in the short term.
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Dealers also mentioned that currency trends are currently being shaped by oil prices, import bills, and central bank movements. They added that barring unexpected international shifts, major currencies will likely continue trading in narrow ranges.
Pakistan Exchange Rates (June 5)
| Currency | Symbol | Buying | Selling |
|---|---|---|---|
| US Dollar | USD | 282.40 | 284.20 |
| UK Pound Sterling | GBP | 381.55 | 385.50 |
| Euro | EUR | 321.00 | 324.00 |
| UAE Dirham | AED | 76.60 | 77.15 |
| Saudi Riyal | SAR | 74.60 | 75.15 |
| Australian Dollar | AUD | 185.05 | 187.30 |
| Bahrain Dinar | BHD | 748.80 | 756.80 |
| Canadian Dollar | CAD | 206.50 | 209.50 |
| Chinese Yuan | CNY | 38.65 | 39.05 |
| Danish Krone | DKK | 42.37 | 42.77 |
| Hong Kong Dollar | HKD | 35.50 | 35.85 |
| Indian Rupee | INR | 3.21 | 3.30 |
| Japanese Yen | JPY | 2.01 | 2.07 |
| Kuwaiti Dinar | KWD | 913.10 | 922.60 |
| Malaysian Ringgit | MYR | 65.54 | 66.14 |
| New Zealand Dollar | NZD | 166.19 | 168.19 |
| Norwegian Krone | NOK | 27.20 | 27.50 |
| Omani Riyal | OMR | 733.30 | 741.80 |
| Qatari Riyal | QAR | 76.64 | 77.34 |
| Singapore Dollar | SGD | 220.90 | 222.90 |
| Swedish Krona | SEK | 29.07 | 29.37 |
| Swiss Franc | CHF | 339.71 | 342.46 |
| Thai Baht | THB | 8.43 | 8.58 |
