Karachi, October 5, 2024 – The currency exchange landscape in Pakistan remains dynamic as the nation begins another trading day. As of today, the Pakistani rupee continues to exhibit fluctuations against various global currencies, reflecting the ongoing trends in the international markets.
Starting with the Australian Dollar (AUD) currency, the rates show a buying price of 190.6 PKR and a selling price of 192.85 PKR. Meanwhile, the Bahraini Dinar (BHD) currency is trading at 733.18 PKR for buying and 741.18 PKR for selling, indicating a stable demand for this Gulf currency.
The Canadian Dollar (CAD) currency also displays a steady exchange rate, with buying set at 205.5 PKR and selling at 207.9 PKR. The Chinese Yuan (CNY) is positioned at 39.6 PKR for buying and 40 PKR for selling, reflecting a slight uptick amid the recent economic developments in China.
In Europe, the Euro (EUR) continues to command significant attention, with rates at 305.07 PKR for buying and 307.82 PKR for selling, emphasizing the Eurozone’s importance in global trade. The Hong Kong Dollar (HKD) stands at 35.65 PKR for buying and 36 PKR for selling, while the Indian Rupee (INR) is trading at 3.34 PKR for buying and 3.45 PKR for selling, highlighting the close economic ties between Pakistan and India.
The Japanese Yen (JPY) maintains a competitive position with a buying rate of 1.92 PKR and a selling rate of 1.98 PKR. On the other hand, the Kuwaiti Dinar (KWD) remains one of the strongest currencies, with a buying price of 899.85 PKR and a selling price of 909.35 PKR.
The Malaysian Ringgit (MYR) is priced at 63.6 PKR for buying and 64.2 PKR for selling, while the New Zealand Dollar (NZD) is at 174.21 PKR for buying and 176.21 PKR for selling. The Norwegian Krone (NOK) reflects a buying price of 26.26 PKR and a selling price of 26.56 PKR.
Moreover, the US Dollar (USD) remains a crucial currency in Pakistan, with buying set at 278.3 PKR and selling at 278.8 PKR, signaling its significance in trade and remittances.
In conclusion, as the day progresses, the fluctuating exchange rates are likely to be influenced by various economic factors, including trade balances, geopolitical tensions, and market sentiment, making it essential for traders and consumers alike to stay informed on these vital indicators.