Karachi, November 26, 2024 – The currency exchange rates in Pakistan opened with notable variations across major currencies in the open market. These rates are set as the starting point for trading activities on Tuesday, November 26, 2024.
The US Dollar (USD) currency maintained its strong position with a buying rate of 277.3 PKR and a selling rate of 278.8 PKR, reflecting stability amid global market fluctuations. The Euro (EUR) currency followed with a buying price of 288.85 PKR and a selling price of 291.6 PKR, underscoring its status as one of the stronger currencies against the Pakistani Rupee.
Among regional currencies, the Indian Rupee (INR) currency was observed at 3.34 PKR for buying and 3.45 PKR for selling, maintaining a steady trajectory. The Chinese Yuan (CNY) currency exhibited marginal activity, trading at 38.58 PKR for buying and 38.98 PKR for selling.
The Gulf currencies demonstrated consistent performance, with the Saudi Riyal (SAR) currency trading at 73.65 PKR for buying and 74.2 PKR for selling. The United Arab Emirates Dirham (AED) followed closely with rates of 75.35 PKR and 76 PKR for buying and selling, respectively. Meanwhile, the Kuwaiti Dinar (KWD) stood prominently at 892.7 PKR for buying and 902.2 PKR for selling, maintaining its reputation as one of the strongest currencies globally.
The UK Pound Sterling (GBP) continued to reflect its high valuation with buying and selling rates of 347.15 PKR and 350.65 PKR, respectively. Similarly, the Swiss Franc (CHF) exhibited strong demand, trading at 311.45 PKR for buying and 314.25 PKR for selling.
From the Asia-Pacific region, the Australian Dollar (AUD) was noted at 181 PKR for buying and 183.25 PKR for selling, while the New Zealand Dollar (NZD) stood at 160.03 PKR and 162.03 PKR, respectively.
Overall, fluctuations in exchange rates are influenced by multiple factors, including global economic trends, foreign reserves, and local demand. These rates serve as critical benchmarks for businesses and individuals engaged in international trade and remittances.
Disclaimer: The rates provided are based on open market conditions at the time of reporting and are subject to change throughout the trading day.
