Karachi, October 4, 2024 – The latest currency exchange rates for various currencies in Pakistan were recorded as trade opened in the open market on Friday. These rates are crucial for businesses, travelers, and expatriates looking to exchange foreign currency for the Pakistani Rupee (PKR).
As of the beginning of trade today, the exchange rate for the US Dollar stood at Rs 278.50 for buying and Rs 280 for selling. The British Pound Sterling (GBP), a frequently traded currency in the local market, was being exchanged at Rs 365.40 for buying and Rs 368.90 for selling.
The Euro (EUR) held strong, with a buying price of Rs 305.07 and a selling price of Rs 307.82, while the Canadian Dollar (CAD) was quoted at Rs 205.60 for buying and Rs 208 for selling. The Australian Dollar (AUD) saw an exchange rate of Rs 190.68 for buying and Rs 192.93 for selling.
For those dealing in Middle Eastern currencies, the Saudi Riyal (SAR) was being traded at Rs 73.85 for buying and Rs 74.40 for selling, while the UAE Dirham (AED) saw rates of Rs 75.55 for buying and Rs 76.20 for selling. The Kuwaiti Dinar (KWD), one of the highest-valued currencies in the market, was being exchanged at Rs 899.90 for buying and Rs 909.40 for selling, while the Bahraini Dinar (BHD) stood at Rs 733.18 for buying and Rs 741.18 for selling.
The Chinese Yuan (CNY), widely used for trade between Pakistan and China, had a buying rate of Rs 39.60 and a selling rate of Rs 40, while the Qatari Riyal (QAR) was traded at Rs 76.24 for buying and Rs 76.94 for selling. Meanwhile, the Omani Riyal (OMR) was recorded at Rs 717.63 for buying and Rs 726.13 for selling.
In the Asia-Pacific region, the New Zealand Dollar (NZD) was valued at Rs 174.21 for buying and Rs 176.21 for selling, and the Malaysian Ringgit (MYR) stood at Rs 63.65 for buying and Rs 64.25 for selling.
These rates are indicative of the foreign exchange market’s fluctuation and serve as a reference for individuals and businesses engaged in currency trading and financial transactions. The rates may vary throughout the day depending on market dynamics.
For further updates, individuals are advised to consult with currency exchange dealers or financial institutions for the latest rates.