Karachi: Currency exchange rates in Pakistan experienced notable fluctuations for the second consecutive day, impacting a range of foreign currencies. The changes were observed in the buying and selling rates of the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal.
According to Exchange Companies Association of Pakistan, the US Dollar’s buying rate slightly decreased from 277.17 to 277.07, while the selling rate adjusted from 278.87 to 278.80. The Euro experienced a minor drop in its buying rate from 290.26 to 290.09, with the selling rate moving from 292.44 to 292.35. In contrast, the British Pound showed an increase in its buying rate from 350.05 to 350.12 and a rise in the selling rate from 352.54 to 352.68.
The Japanese Yen remained stable with buying and selling rates holding at 1.82 and 1.87, respectively. The UAE Dirham’s buying rate experienced a slight increase from 75.38 to 75.41, while its selling rate remained constant at 76.00. The Saudi Riyal’s buying rate remained unchanged at 73.66, with a marginal increase in the selling rate from 74.19 to 74.20.
Interbank rates also reflected minor changes, with the buying rate moving from 277.87 to 277.92 and the selling rate adjusting from 278.07 to 278.12. The fluctuations in currency exchange rates over these two days are likely to affect various financial transactions and economic activities within the country.
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