Exchange Rates Steady as Rupee Holds Ground Against Major Currencies

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the open market closing exchange rates on June 3, 2025, showing stability of the Pakistani rupee against major international currencies. According to the ECAP, the US dollar was bought at 282.19 and sold at 284.40 in the open market.

The euro was exchanged at a buying rate of 320.52 and a selling rate of 324.47, while the British pound recorded a buying rate of 380.24 and a selling rate of 384.94. The Japanese yen, on the other hand, stood steady with a buying rate of 1.93 and a selling rate of 1.97.

Exchange rates for Gulf currencies also remained stable, with the United Arab Emirates dirham being bought at 76.60 and sold at 77.42. The Saudi riyal was reported with a buying rate of 74.77 and a selling rate of 75.62.

These figures, sourced from the State Bank of Pakistan, reflect the ongoing exchange rate trends in the open market, providing insights into currency valuation and economic conditions.