Karachi, December 24, 2024 – The currency exchange market opened with mixed trends as the Pakistani rupee continues to navigate economic pressures. The exchange rates for foreign currencies on Tuesday are as follows:
The US dollar (USD) currency remained a focal point, trading at a buying rate of PKR 278.1 and a selling rate of PKR 279.6. The British Pound Sterling (GBP) currency held its position as one of the highest-valued currencies, with a buying rate of PKR 347.4 and a selling rate of PKR 350.9. The Euro (EUR) currency traded at PKR 288.35 for buying and PKR 291.1 for selling.
Among regional currencies, the Indian Rupee (INR) saw moderate activity at PKR 3.19 for buying and PKR 3.28 for selling. The Chinese Yuan (CNY) was exchanged at PKR 37.99 for buying and PKR 38.39 for selling, reflecting steady trade between the two neighboring economies.
Middle Eastern currencies such as the Saudi Riyal (SAR) and the United Arab Emirates Dirham (AED) remained strong due to the consistent demand for these currencies in remittance and trade sectors. The SAR was priced at PKR 73.8 for buying and PKR 74.35 for selling, while the AED stood at PKR 75.45 for buying and PKR 76.1 for selling.
High-value Gulf currencies, including the Kuwaiti Dinar (KWD) and the Omani Riyal (OMR), demonstrated significant stability. The KWD was traded at PKR 896.01 for buying and PKR 905.51 for selling, making it the most expensive currency in the market. Meanwhile, the OMR traded at PKR 719.5 for buying and PKR 728 for selling.
Other prominent currencies such as the Australian Dollar (AUD), Canadian Dollar (CAD), and Swiss Franc (CHF) maintained their upward trends. The AUD was traded at PKR 174.75 for buying and PKR 177 for selling, while the CAD stood at PKR 194.6 for buying and PKR 197 for selling. The CHF was observed at PKR 311.45 for buying and PKR 314.25 for selling.
These rates are subject to fluctuations based on market dynamics and external economic factors. Traders and consumers are advised to stay updated with the latest rates before making transactions.
Disclaimer: The above rates are indicative of the open market as of December 24, 2024. For accurate and real-time rates, please consult authorized forex dealers.