AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The currency exchange rates reflected minor fluctuations between January 22 and January 23, 2025, as per the recent data. The changes were observed across major currencies including the US Dollar, Euro, British Pound, Japanese Yen, United Arab Emirates Dirham, and Saudi Riyal.
According to a statement by Exchange Companies Association of Pakistan, the buying rate for the US Dollar slightly increased from 279.32 to 279.34, while the selling rate decreased from 281.26 to 281.13 over the two days.
The Euro exhibited a decrease in both buying and selling rates, shifting from 289.83 to 289.36 and 293.34 to 292.86, respectively.
For the British Pound, the buying rate dropped from 343.47 to 342.56, and the selling rate saw a reduction from 347.71 to 346.97.
The Japanese Yen’s buying rate decreased marginally from 1.77 to 1.76, with the selling rate remaining stable at 1.81.
Both the United Arab Emirates Dirham and the Saudi Riyal experienced negligible changes. The Dirham buying rate fell slightly from 75.98 to 75.97, while the selling rate held steady at 76.55. The Riyal buying rate saw a small increase from 74.25 to 74.26, with the selling rate unchanged at 74.80.
The interbank rates also showed a minimal decline for the US Dollar, moving from 278.85 to 278.72 for buying, and from 279.05 to 278.92 for selling.
These fluctuations reflect the ongoing dynamics in the currency market, impacting importers, exporters, and individuals involved in foreign exchange transactions in Pakistan.
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