Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable currency exchange rates in the open market as of May 12, 2025, according to data from the State Bank of Pakistan. The U.S. dollar stood at 282.05 for buying and 283.50 for selling, indicating a steady performance in the market.

The euro was listed at a buying rate of 314.98 and a selling rate of 318.98. The British pound was priced at 373.34 for buying and 377.61 for selling, reflecting minor fluctuations in the currency market.

The Japanese yen showed minimal movement, with buying and selling rates at 1.88 and 1.94, respectively. Meanwhile, the United Arab Emirates dirham remained consistent at 76.78 for buying and 77.45 for selling.

The Saudi riyal was reported at 75.02 for buying and 75.70 for selling, demonstrating stability in its exchange value. The open market rates are crucial indicators of economic trends and are closely monitored by businesses and investors.

These exchange rates, sourced from the State Bank of Pakistan, play a significant role in facilitating international trade and investment activities. The consistency in these rates suggests a balanced demand and supply scenario in the currency market.