Karachi, December 1, 2024: The foreign currency exchange market in Pakistan remains closed today for the weekly public holiday. Therefore, the currency exchange rates below represent the closing figures from the previous day. These rates provide a snapshot of the buying and selling values for major foreign currencies against the Pakistani Rupee (PKR).
The US Dollar currency, a key indicator of the market, closed at a buying rate of PKR 277.60 and a selling rate of PKR 279.10. The UK Pound Sterling traded at PKR 349.50 for buying and PKR 353.00 for selling, reflecting its continued strength. The Euro currency stood firm with a buying rate of PKR 291.30 and a selling rate of PKR 294.05.
Among Middle Eastern currencies, the Kuwaiti Dinar maintained its high value, closing at PKR 892.75 for buying and PKR 902.25 for selling. The Bahraini Dinar recorded a buying rate of PKR 731.05 and a selling rate of PKR 739.05. The Saudi Riyal currency and UAE Dirham were stable at PKR 73.65 and PKR 75.35 for buying, and PKR 74.20 and PKR 76.00 for selling, respectively.
The Canadian Dollar currency traded at PKR 198.10 for buying and PKR 200.50 for selling, while the Australian Dollar was valued at PKR 180.00 for buying and PKR 182.25 for selling. The New Zealand Dollar closed at PKR 160.03 for buying and PKR 162.03 for selling.
Asian currencies saw mixed trends. The Chinese Yuan stood at PKR 38.58 for buying and PKR 38.98 for selling, while the Japanese Yen traded at PKR 1.83 for buying and PKR 1.89 for selling. The Indian Rupee closed at PKR 3.34 for buying and PKR 3.45 for selling.
Other notable currencies included the Swiss Franc, closing at PKR 311.45 for buying and PKR 314.25 for selling, and the Singapore Dollar, trading at PKR 206.25 for buying and PKR 208.25 for selling.
These rates highlight fluctuations in the forex market, reflecting both global economic trends and local market dynamics. Traders and businesses are advised to monitor these changes closely as the market reopens on Monday.
