Karachi, December 4, 2024 – The latest foreign currency exchange rates for today have been released, reflecting fluctuations in the open market. These rates are significant for traders, businesses, and individuals involved in foreign transactions or remittances.
The US Dollar (USD) currency continues to be a key benchmark in the forex market, trading at Rs. 277.4 for buying and Rs. 278.9 for selling. Despite ongoing economic challenges, the Pakistani Rupee has shown stability against some currencies while weakening against others.
Among regional currencies, the Chinese Yuan (CNY) currency is trading at Rs. 37.97 buying and Rs. 38.37 selling, showing a slight appreciation. Meanwhile, the Indian Rupee (INR) stands at Rs. 3.19 buying and Rs. 3.28 selling, maintaining a stable range. The Saudi Riyal (SAR) currency, widely used for remittances, is quoted at Rs. 73.55 buying and Rs. 74.1 selling.
In terms of major global currencies, the Euro (EUR) and British Pound Sterling (GBP) currency have shown strong standings against the rupee. The Euro is trading at Rs. 288.85 buying and Rs. 291.6 selling, while the Pound is at Rs. 348.35 buying and Rs. 351.85 selling, reflecting a robust demand in the local forex market.
Among other key currencies, the Australian Dollar (AUD) is at Rs. 180 buying and Rs. 182.25 selling, and the Canadian Dollar (CAD) is at Rs. 198.2 buying and Rs. 200.6 selling, indicating moderate activity in these currencies.
In the Gulf region, the Kuwaiti Dinar (KWD) remains the highest-valued currency, trading at Rs. 894.95 buying and Rs. 904.45 selling, followed by the Omani Riyal (OMR) at Rs. 718 buying and Rs. 726.5 selling.
Smaller currencies like the Japanese Yen (JPY) and Thai Baht (THB) also remain active in the forex market, trading at Rs. 1.86 buying and Rs. 1.92 selling for the Yen and Rs. 7.95 buying and Rs. 8.1 selling for the Baht.
These rates, issued at the start of the day, may fluctuate based on market dynamics and economic developments. Traders and consumers are advised to consult with authorized forex dealers for real-time updates.
