Karachi, November 25, 2024 – As the currency market opens in Pakistan today, the exchange rates reflect slight fluctuations across various foreign currencies. The rates provided below represent the buying and selling prices for different currencies in the open market.
The US Dollar (USD) currency continues to hold significant influence on the Pakistani rupee. The buying rate for the USD stands at 277.3 PKR, while the selling rate is 278.8 PKR. The US dollar’s position is closely monitored by traders and financial experts, with its value having a direct impact on Pakistan’s import costs and overall inflation levels.
The Euro (EUR), another major currency, is priced at 288.6 PKR for buying and 291.35 PKR for selling. These rates indicate slight stability in the Euro against the Pakistani rupee, despite ongoing global financial shifts and pressures from the eurozone.
Looking at other currencies, the UK Pound Sterling (GBP) currency is trading at 346.75 PKR for buying and 350.25 PKR for selling, marking a relatively stable exchange rate in line with recent trends in the global economy. The Australian Dollar (AUD) currency is also steady, with a buying rate of 180.25 PKR and a selling rate of 182.5 PKR.
The Saudi Riyal (SAR), which is essential for Pakistan’s remittances and trade with the Middle East, is valued at 73.65 PKR for buying and 74.2 PKR for selling. Similarly, the U.A.E Dirham (AED) is priced at 75.35 PKR for buying and 76 PKR for selling, reflecting consistent demand from Pakistani travelers and businesses.
The Canadian Dollar (CAD) is trading at 198.6 PKR for buying and 201 PKR for selling. Its movement is typically influenced by oil prices and Canada’s economic performance, both of which impact the currency’s value in global markets.
For Asian currencies, the Chinese Yuan (CNY) is priced at 38.58 PKR for buying and 38.98 PKR for selling, while the Indian Rupee (INR) is at 3.34 PKR for buying and 3.45 PKR for selling. These exchange rates reflect the ongoing trade relationships between Pakistan and these neighboring countries.
Additionally, the Kuwaiti Dinar (KWD) is among the strongest currencies in Pakistan today, with a buying rate of 891.2 PKR and a selling rate of 900.7 PKR, showing its continued strength in the open market.
Overall, while the Pakistani rupee continues to face pressure from international economic conditions, the exchange rates reflect a relatively stable financial environment on November 25, 2024, with minor fluctuations in various global currencies.