Karachi, November 20, 2024 – The currency exchange market in Pakistan opened with updated rates for various foreign currencies. These rates are crucial for importers, exporters, and individuals involved in foreign transactions, reflecting the dynamics of global and local economic conditions.
The US Dollar (USD) currency stands at Rs. 277.40 for buying and Rs. 278.90 for selling, maintaining its position as a key reference currency. The Euro (EUR) currency is being traded at Rs. 290.85 for buying and Rs. 293.60 for selling, showing its continued strength in the market.
Among regional currencies, the Indian Rupee (INR) is valued at Rs. 3.34 for buying and Rs. 3.45 for selling, while the Chinese Yuan (CNY) currency is trading at Rs. 38.58 for buying and Rs. 38.98 for selling. The Saudi Riyal (SAR) and UAE Dirham (AED), frequently used in remittances, are priced at Rs. 73.65 and Rs. 75.35 for buying, respectively.
The British Pound Sterling (GBP) continues to remain strong, with rates of Rs. 349.55 for buying and Rs. 353.05 for selling, reflecting the currency’s global appeal. Similarly, the Swiss Franc (CHF), a symbol of financial stability, is being exchanged at Rs. 311.45 for buying and Rs. 314.25 for selling.
Among Gulf currencies, the Kuwaiti Dinar (KWD) is trading at a high rate of Rs. 894.99 for buying and Rs. 904.49 for selling, making it one of the most valuable currencies in the market. The Omani Riyal (OMR) and Bahraini Dinar (BHD) are also trading at significant rates of Rs. 715.66 and Rs. 731.21 for buying, respectively.
For those dealing with Australasian currencies, the Australian Dollar (AUD) is priced at Rs. 181.25, while the New Zealand Dollar (NZD) stands at Rs. 163.14 for buying.
These rates are reflective of current market conditions and are subject to change based on fluctuations in the international forex market and domestic economic developments. Traders and individuals are advised to monitor updates regularly for any changes.
