Dollar Reaches 280.98 as Exchange Rates Fluctuate in Pakistan

Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market closing exchange rates, revealing shifts in the buying and selling prices of major currencies as of February 17, 2025. The report highlights the U.S. dollar, euro, and British pound, with noticeable adjustments in their values.

According to a statement by State Bank of Pakistan, the U.S. dollar was recorded at a buying rate of 278.65 and a selling rate of 280.98. The euro saw a buying rate of 291.58 and was available for selling at 294.55, while the British pound registered a buying rate of 350.28 and a selling rate of 353.81.

The Japanese yen, United Arab Emirates dirham, and Saudi riyal also showed slight fluctuations. The yen was listed with a buying rate of 1.81 and a selling rate of 1.85. The dirham and riyal were recorded at buying rates of 75.96 and 74.21, and selling rates of 76.53 and 74.78, respectively.

The data was sourced from the State Bank of Pakistan, providing a comprehensive overview of the current exchange rate scenario. These rates are crucial for businesses and individuals engaging in foreign exchange transactions, offering a snapshot of the currency market dynamics in Pakistan.

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