Rupee Stable as Key Currencies Show Modest Movement

Ali
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Ali
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Currency exchange rates in Pakistan showed minor fluctuations on July 24, as global economic sentiment remained cautiously optimistic. The US Dollar (USD) held firm, trading at Rs287 for buying and Rs288.3 for selling. This slight uptick reflected continued investor preference for the greenback amid shifting global market trends.

The British Pound (GBP) remained the strongest among major currencies, being traded at Rs387.5 (buying) and Rs389.1 (selling). The Euro (EUR) also showed little variation, indicating stability within the Eurozone, and was exchanged at Rs336.25 and Rs337.45 for buying and selling, respectively.

Among Gulf currencies, both the Saudi Riyal (SAR) and UAE Dirham (AED) maintained steady positions. The Dirham was valued between Rs78.3 and Rs78.5, while the Riyal stayed around Rs76.5 to Rs76.8. These stable figures are seen as a reflection of consistent remittance flows and regional trade activity.

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The Kuwaiti Dinar (KWD) and Bahraini Dinar (BHD) continued to lead as the highest-valued currencies, being sold at Rs940.25 and Rs770.1 respectively. The Japanese Yen (JPY) and Chinese Yuan (CNY) showed no major shifts, keeping the market calm in terms of Asian currency performance.

Currency Symbol Buying Selling
US Dollar USD 287.00 288.30
Euro EUR 336.25 337.45
UK Pound Sterling GBP 387.50 389.10
U.A.E Dirham AED 78.30 78.50
Saudi Riyal SAR 76.50 76.80
Australian Dollar AUD 187.00 192.00
Bahrain Dinar BHD 760.10 770.10
Canadian Dollar CAD 211.00 215.00
China Yuan CNY 39.32 39.72
Danish Krone DKK 44.17 44.57
Hong Kong Dollar HKD 35.94 36.29
Indian Rupee INR 3.22 3.31
Japanese Yen JPY 1.93 2.03
Kuwaiti Dinar KWD 928.25 940.25
Malaysian Ringgit MYR 66.74 67.34
New Zealand Dollar NZD 168.95 170.95
Norwegian Krone NOK 27.94 28.24
Omani Riyal OMR 744.85 754.85
Qatari Riyal QAR 77.57 78.27
Singapore Dollar SGD 222.25 227.25
Swedish Korona SEK 29.61 29.91
Swiss Franc CHF 352.88 355.63
Thai Bhat THB 8.70 8.85
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