Latest Open Market Currency Rates
According to the latest rates reported by Pakistan Observer, the US dollar (USD) stood at Rs277.85 for buying and Rs278.30 for selling. The Euro (EUR) was available at Rs316.53 for buying and Rs321.68 for selling, while the British Pound Sterling (GBP) was quoted at Rs373.25 and Rs377.65, respectively.
The UAE Dirham (AED) was trading at Rs75.75 for buying and Rs76.40 for selling, while the Saudi Riyal (SAR) stood at Rs73.95 and Rs74.50.
Other major currencies recorded the following rates:
| Currency | Buying (PKR) | Selling (PKR) |
|---|---|---|
| US Dollar (USD) | 277.85 | 278.30 |
| Australian Dollar (AUD) | 196.73 | 201.15 |
| Bahrain Dinar (BHD) | 735.70 | 745.78 |
| Canadian Dollar (CAD) | 197.18 | 202.70 |
| China Yuan (CNY) | 38.25 | 38.97 |
| Danish Krone (DKK) | 42.85 | 43.45 |
| Euro (EUR) | 316.53 | 321.68 |
| Hong Kong Dollar (HKD) | 34.94 | 35.94 |
| Indian Rupee (INR) | 2.65 | 3.05 |
| Japanese Yen (JPY) | 1.73 | 1.83 |
| Kuwaiti Dinar (KWD) | 886.60 | 896.89 |
| Malaysian Ringgit (MYR) | 68.00 | 68.85 |
| New Zealand Dollar (NZD) | 157.70 | 161.05 |
| Norwegian Krone (NOK) | 28.25 | 28.60 |
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What the Latest Rates Mean
The latest figures indicate relatively limited movement in the open-market exchange rate of the Pakistani rupee against several major currencies. The dollar remains below the Rs280 level in the reported open-market rates, while the pound and euro continue to trade at considerably higher rupee values.
Exchange rates can change during the day depending on market conditions, and rates offered by individual banks and currency dealers may differ from the indicative open-market figures.
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