Rupee Shows Resilience Against Major Currencies

Ali
By
Ali
2 Min Read
- Advertisement -

Pakistan’s foreign exchange market displayed relative stability on Monday, with the US Dollar maintaining its position at Rs. 288.3 for buying and Rs. 288.6 for selling. Despite ongoing global economic challenges, the rupee remained steady against the greenback.

European currencies posted modest gains. The Euro rose slightly and was available at Rs. 334.4 for buying and Rs. 338.4 for selling. The British Pound also showed upward movement, with rates recorded at Rs. 386.4 (buying) and Rs. 390.4 (selling). This growth was linked to stronger retail figures from the UK and positive economic trends in the Eurozone.

Meanwhile, Gulf currencies including the UAE Dirham and Saudi Riyal stayed mostly unchanged. The Dirham was traded at Rs. 78.5 for buying and Rs. 79.4 for selling. The Saudi Riyal hovered around Rs. 76.75 (buying) and Rs. 77.4 (selling), indicating stable remittance flows from the Middle East.

Read More: Nasdaq Dubai Welcomes Mashreq’s USD 500 Million Sukuk Listing

Other key currencies like the Australian Dollar (AUD), Canadian Dollar (CAD), and Swiss Franc (CHF) also witnessed minor adjustments. The Kuwaiti Dinar (KWD) remained the highest-valued foreign currency, buying at Rs. 931.7 and selling at Rs. 943.7.

Currency Symbol Buying Selling
US Dollar USD 288.3 288.6
Euro EUR 334.4 338.4
UK Pound Sterling GBP 386.4 390.4
U.A.E Dirham AED 78.5 79.4
Saudi Riyal SAR 76.75 77.4
Australian Dollar AUD 185.9 190.9
Bahrain Dinar BHD 762.9 772.9
Canadian Dollar CAD 210.4 215.4
China Yuan CNY 39.18 39.58
Danish Krone DKK 44.17 44.57
Hong Kong Dollar HKD 35.81 36.16
Indian Rupee INR 3.22 3.31
Japanese Yen JPY 1.92 2.02
Kuwaiti Dinar KWD 931.7 943.7
Malaysian Ringgit MYR 66.4 67
New Zealand Dollar NZD 167.36 169.36
Norwegian Krone NOK 27.53 27.83
Omani Riyal OMR 747.7 757.7
Qatari Riyal QAR 77.43 78.13
Singapore Dollar SGD 221.9 226.9
Swedish Korona SEK 29 29.3
Swiss Franc CHF 352.88 355.63
Thai Baht THB 8.57 8.72
Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *