AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for October 22, 2025, revealing a continued struggle for the Pakistani rupee against major global currencies. The US dollar was buying at 281.59 Pakistani rupees and selling at 282.10, indicating a slight depreciation of the local currency.
The euro was observed buying at 326.58 rupees and selling at 330.00, while the British pound showed a buying rate of 376.01 and a selling rate of 379.93. These figures suggest that European currencies also maintained a strong position against the rupee.
In Asian markets, the Japanese yen was buying at 1.83 and selling at 1.89, highlighting its steady performance. The United Arab Emirates dirham and the Saudi riyal were recorded at buying rates of 76.79 and 75.06, respectively, with selling rates of 77.55 and 75.65.
Analysts are closely monitoring these shifts as they assess the potential impact on Pakistan’s economy. The currency fluctuations could influence import costs and inflation rates, according to economic observers.
The data was sourced from the State Bank of Pakistan, providing a crucial insight into the current market dynamics.