Exchange Rate Fluctuations as State Bank of Pakistan Releases New Data

Karachi: The State Bank of Pakistan has released the latest figures on the weighted average customer exchange rates for various currencies, indicating slight fluctuations in buying and selling rates as of February 11, 2025. The United States dollar, euro, and British pound continue to show significant activity in the foreign exchange market.

According to a statement by State Bank of Pakistan, the buying rate for the US dollar stands at 278.9653, while the selling rate is noted at 279.3972. The euro and British pound are also seeing similar trends, with the buying rates at 287.3406 and 344.6234, respectively, and selling rates at 287.7802 and 345.1498.

The exchange rates for other major currencies such as the Australian dollar, Canadian dollar, and Chinese yuan were also updated. The Australian dollar is being bought at 174.9695 and sold at 175.2456. Meanwhile, the Canadian dollar’s buying rate is at 194.5461, with a selling rate of 194.8466.

The statement also detailed the exchange rates for the Swiss franc, Japanese yen, and other regional currencies. The data serves as a crucial reference for businesses and individuals engaged in foreign exchange transactions.

These figures reflect the ongoing dynamics in the global currency market and the impact on domestic financial activities. The State Bank of Pakistan continues to monitor these developments closely.

The post Exchange Rate Fluctuations as State Bank of Pakistan Releases New Data appeared first on Pakistan Business News.