Currency Exchange Rates Show Stability in Pakistan’s Open Market

Karachi: Pakistan’s currency exchange rates experienced minimal fluctuations in the open market, with the U.S. dollar closing at 278.76 for buying and 281.04 for selling, revealing a stable trend for the day.

According to a statement by State Bank of Pakistan, the euro was traded at 286.75 for buying and 289.62 for selling. The British pound settled at 344.18 for buying and 347.60 for selling.

The Japanese yen recorded buying and selling rates of 1.80 and 1.85 respectively. Meanwhile, the United Arab Emirates dirham closed at 75.96 for buying and 76.54 for selling, and the Saudi riyal was exchanged at 74.19 for buying and 74.76 for selling.

These rates are reported from the open market and provide insight into the current economic conditions affecting foreign exchange transactions in Pakistan. The data has been sourced from the State Bank of Pakistan.

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