Karachi, November 30, 2024 – The foreign exchange currency market in Pakistan opened today with updated buying and selling rates for various international currencies. These rates are crucial for businesses, travelers, and expatriates who rely on accurate currency values for financial transactions.
The US Dollar (USD) currency remains a key focus, with a buying rate of 277.60 PKR and a selling rate of 279.10 PKR. This steady rate reflects the continued demand for the dollar amidst ongoing economic activities.
The Euro (EUR), another significant currency, is trading with a buying rate of 291.30 PKR and a selling rate of 294.05 PKR, showcasing its value for trade and investment purposes.
The British Pound Sterling (GBP) currency holds its premium position with a buying rate of 349.50 PKR and a selling rate of 353 PKR, reflecting its strength in the global market.
Among Gulf currencies, the Saudi Riyal (SAR) currency and UAE Dirham (AED) remain stable, with buying rates of 73.65 PKR and 75.35 PKR, and selling rates of 74.20 PKR and 76 PKR, respectively. These currencies are critical for the Pakistani workforce residing in the Gulf region, as remittances play a significant role in Pakistan’s economy.
The Kuwaiti Dinar (KWD), known for its high value, is trading at 892.75 PKR for buying and 902.25 PKR for selling. Similarly, the Omani Riyal (OMR) stands at 715.50 PKR for buying and 724 PKR for selling.
Other notable currencies include the Australian Dollar (AUD) at 180 PKR for buying and 182.25 PKR for selling, and the Canadian Dollar (CAD) at 198.10 PKR and 200.50 PKR, respectively.
Asian currencies such as the Chinese Yuan (CNY) and the Japanese Yen (JPY) are trading at 38.58 PKR and 1.83 PKR for buying, and 38.98 PKR and 1.89 PKR for selling.
These rates are subject to fluctuations throughout the day based on market demand and supply. The open market remains a dynamic arena for currency exchange, influencing Pakistan’s trade, travel, and financial sectors.
