Karachi, December 28, 2024 – As of Sunday, December 29, 2024, the currency exchange rates in Pakistan reflect the closing values from the previous trading day, as the foreign exchange market remains closed on Sundays due to the weekly holiday.
The rates show a comprehensive range of global currencies against the Pakistani Rupee (PKR), with the US Dollar (USD) continuing to hold significant weight in the country’s exchange system.
The US Dollar (USD) currency continues to dominate, with the buying rate at 278 PKR and the selling rate at 279.5 PKR, showing a relatively stable demand for the currency. Similarly, the UK Pound Sterling (GBP) currency is trading at a buying rate of 348.5 PKR and a selling rate of 352 PKR, reflecting consistent demand in the market. The Euro (EUR), another major international currency, has a buying rate of 287.4 PKR and a selling rate of 290.15 PKR, indicating a slight increase in value compared to previous days.
Turning to currencies from the Gulf region, the Saudi Riyal (SAR) currency is valued at 73.8 PKR for buying and 74.35 PKR for selling. The U.A.E Dirham (AED) shows similar trends, with rates of 75.4 PKR and 76.05 PKR, respectively. The Kuwaiti Dinar (KWD) continues to be one of the strongest currencies against the PKR, with a buying rate of 896.56 PKR and a selling rate of 906.06 PKR, reflecting its premium status in global trade.
The Chinese Yuan (CNY) is also prominent, with a buying rate of 37.99 PKR and a selling rate of 38.39 PKR. On the other hand, the Indian Rupee (INR) remains comparatively weaker, with a buying rate of 3.19 PKR and a selling rate of 3.28 PKR, illustrating the ongoing differences in value between neighboring countries’ currencies.
Other significant currencies include the Australian Dollar (AUD), which is priced at 172.75 PKR for buying and 175 PKR for selling. The Canadian Dollar (CAD) is trading at 193.72 PKR on the buying side and 196.12 PKR on the selling side, while the Singapore Dollar (SGD) is priced at 204.99 PKR for buying and 206.99 PKR for selling.
Currencies like the Bahrain Dinar (BHD) and Omani Riyal (OMR) show higher values as well, with BHD at 735.65 PKR buying and 743.65 PKR selling, and OMR at 720 PKR for buying and 728.5 PKR for selling, reflecting the strength of Middle Eastern currencies.
In conclusion, the exchange rates for foreign currencies in Pakistan on December 29, 2024, display the ongoing stability and fluctuations in the global economy, impacting trade, travel, and investment activities within the country.
