KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on January 03, 2022:
Buying: Rs 197.70 to the Euro
Selling: Rs 199.70 to the Euro
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 10:07 AM Pakistan Standard Time (PST).
The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
Currency experts said the movement in the Euro against the Pakistani Rupee is influenced by multiple international and domestic economic factors, including import payments, foreign exchange reserves, inflation trends, and global market sentiment. Dealers in the currency market advised businesses and travelers to remain updated on daily exchange rate fluctuations, as rates in the open market may vary throughout the trading day depending on supply and demand conditions.
