Karachi, December 18, 2024: The latest currency exchange rates in Pakistan for Wednesday, December 18, 2024, highlight fluctuations in global currencies against the Pakistani Rupee. These rates, which mark the beginning of the open market trading day, provide crucial insights for traders, investors, and individuals involved in foreign exchange activities.
The US Dollar (USD) currency remains a key benchmark for the Pakistani economy, with its buying rate at PKR 277.8 and selling rate at PKR 279.3. Similarly, the British Pound Sterling (GBP) currency exhibits a strong presence with a buying rate of PKR 349.9 and a selling rate of PKR 353.4. The Euro (EUR) currency stands at PKR 290 for buying and PKR 292.75 for selling.
Among regional currencies, the Chinese Yuan (CNY) maintains a moderate position, with buying and selling rates of PKR 37.99 and PKR 38.39, respectively. The Indian Rupee (INR) trades significantly lower, with a buying rate of PKR 3.18 and a selling rate of PKR 3.27. The Saudi Riyal (SAR) and UAE Dirham (AED) are also commonly traded currencies, standing at PKR 73.7 and PKR 75.35 for buying, and PKR 74.25 and PKR 76 for selling, respectively.
In the Middle Eastern market, the Kuwaiti Dinar (KWD) is the highest-valued currency, with a buying rate of PKR 896.75 and a selling rate of PKR 906.25. Similarly, the Bahraini Dinar (BHD) trades at PKR 735.15 for buying and PKR 743.15 for selling, while the Omani Riyal (OMR) follows closely at PKR 719.5 and PKR 728.
Major trading currencies such as the Australian Dollar (AUD) and Canadian Dollar (CAD) reflect steady positions, with the AUD buying at PKR 176.99 and selling at PKR 179.24, while the CAD trades at PKR 195.4 for buying and PKR 197.8 for selling.
Other significant currencies include the Swiss Franc (CHF), valued at PKR 310.02 for buying and PKR 312.92 for selling, and the Singapore Dollar (SGD), trading at PKR 204.99 and PKR 206.99.
These rates are subject to market fluctuations and may vary throughout the day depending on supply and demand dynamics. Traders and investors are advised to stay updated for the latest trends in the foreign exchange market.