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.
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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 |