AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was being bought at 281.57 and sold at 282.05.
The Euro saw buying and selling rates of 326.47 and 330.07, respectively. Similarly, the British Pound was recorded at 375.08 for buying and 379.02 for selling, indicating a consistent trend in the currency exchange market.
The Japanese Yen maintained its position with buying and selling rates of 1.82 and 1.88, respectively. In the Middle Eastern currencies, the United Arab Emirates Dirham was traded at 76.80 for buying and 77.58 for selling. The Saudi Riyal closed at 75.07 for buying and 75.66 for selling.
The data, sourced from the State Bank of Pakistan, reflects the current state of foreign exchange dealings in the country. These rates are essential for businesses and individuals engaged in international trade and travel, providing a benchmark for currency conversions.