Karachi, September 13, 2024 – The following are the latest foreign currency exchange rates for Pakistan, as of the morning of Friday, September 13, 2024. These rates reflect the opening values in the open market and may vary slightly during the day due to fluctuations in market demand and supply.
The Pakistani rupee continues to face a volatile trend in the currency markets, as global economic conditions and domestic financial challenges influence its exchange value. The currency exchange rates today show that the US dollar remains strong, with a buying rate of PKR 279 and a selling rate of PKR 280.85. This slight increase continues the pattern of steady appreciation of the dollar against the Pakistani rupee, reflecting international financial conditions and the country’s ongoing economic struggles.
Other major currencies have shown similar trends. The British Pound Sterling is currently trading at a buying rate of PKR 362.95 and a selling rate of PKR 366.45, continuing to reflect its historical premium over other currencies in the market. The Euro also remains elevated, with a buying rate of PKR 306.7 and a selling rate of PKR 309.45.
Among regional currencies, the Indian Rupee is trading at PKR 3.34 for buying and PKR 3.45 for selling, while the Chinese Yuan, a critical currency for Pakistan due to trade ties, stands at PKR 38.25 for buying and PKR 38.65 for selling.
For the Gulf currencies, the Kuwaiti Dinar remains the highest valued currency in Pakistan, with a buying rate of PKR 901.85 and a selling rate of PKR 911.35, reflecting its traditional strength. The Saudi Riyal is currently available for PKR 74.19 buying and PKR 74.74 selling, while the UAE Dirham is trading at PKR 75.85 buying and PKR 76.50 selling.
In terms of other significant currencies, the Australian Dollar is being bought at PKR 186.75 and sold at PKR 189, while the Canadian Dollar stands at PKR 206.6 for buying and PKR 209 for selling.
As the Pakistani rupee continues to face pressure amid global economic uncertainties, these exchange rates play a crucial role for businesses, importers, and individuals looking to manage their foreign currency needs.
