AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates, presenting the latest figures for currency trading. The data, sourced from the State Bank of Pakistan, showed slight fluctuations in the buying and selling rates of several major currencies as of May 7, 2025.
The US Dollar (USD) was listed at a buying rate of 281.41 and a selling rate of 283.13. The Euro (EUR) recorded a buying rate of 318.54 and a selling rate of 322.22. The British Pound (GBP) showed a buying rate of 374.50 and a selling rate of 378.97.
In Asian currencies, the Japanese Yen (JPY) was noted at a buying rate of 1.92 and a selling rate of 1.97. The United Arab Emirates Dirham (AED) had a buying rate of 76.45 and a selling rate of 77.29. Finally, the Saudi Riyal (SAR) was listed with a buying rate of 74.73 and a selling rate of 75.51.
These figures reflect the ongoing economic conditions impacting currency values in Pakistan, as monitored by the State Bank.