Karachi, September 26, 2024 – The currency exchange rates in Pakistan for today reflect dynamic trends as international market conditions continue to influence the value of foreign currencies. These rates, as of the beginning of trade in the open market, indicate fluctuations in various global currencies against the Pakistani Rupee (PKR).
The US Dollar (USD) remains a critical indicator for the economy, with the buying rate standing at PKR 279 and the selling rate at PKR 280.5. The greenback continues to hold a strong position as a global reserve currency, influencing several sectors in Pakistan, particularly trade and foreign remittances.
The British Pound Sterling (GBP), another significant currency, is trading at PKR 370.1 for buying and PKR 371.15 for selling. The UK currency remains higher in value compared to the US dollar, influenced by recent economic developments and monetary policies within the United Kingdom.
The Euro (EUR) is also seeing activity today, with its buying price at PKR 308.85 and selling at PKR 309.7. The Eurozone economy’s gradual recovery and inflationary pressures contribute to the currency’s strength in Pakistan.
In the Gulf region, the Saudi Riyal (SAR) and UAE Dirham (AED) remain essential for Pakistani expatriates working abroad, particularly in the Middle East. The Saudi Riyal is available for buying at PKR 73.78 and selling at PKR 74.33, while the UAE Dirham is priced at PKR 75.45 for buying and PKR 76.1 for selling.
Currencies from other significant trading partners also show notable rates. The Canadian Dollar (CAD) is trading at PKR 207.35 for buying and PKR 209.75 for selling. Meanwhile, the Australian Dollar (AUD) stands at PKR 191.5 for buying and PKR 193.75 for selling, reflecting the impact of global commodity prices.
Regional currencies such as the Indian Rupee (INR) are comparatively lower in value, trading at PKR 3.34 for buying and PKR 3.45 for selling. Meanwhile, the Japanese Yen (JPY) is trading at PKR 1.92 for buying and PKR 1.98 for selling, reflecting Japan’s economic policies and market trends.
The fluctuating exchange rates underscore the importance of staying informed about the global financial landscape. These rates affect businesses, travelers, and expatriates alike, making them crucial for economic decision-making across Pakistan.
