KARACHI – Updated at 04:17 PM (Pakistan Standard Time) – The currency exchange market in Pakistan witnessed moderate activity on January 21, 2022, with the Pakistani Rupee (PKR) holding relatively steady against most major foreign currencies.
Exchange rates remained largely consistent as dealers responded to supply and demand dynamics in the open market.
The US Dollar (USD) was being traded at Rs176.95 for buying and Rs178.15 for selling. The stable parity against the dollar reflects balanced currency demand amid cautious import and remittance flows.
Other major currencies such as the Euro (EUR), Pound Sterling (GBP), and the Saudi Riyal (SAR) also showed minimal fluctuations, indicating stable cross-border exchange movements. The Euro was quoted at Rs199.75 (buying) and Rs201.75 (selling), while the Pound Sterling traded between Rs238.85 and Rs241.35. The Saudi Riyal, often used for remittances, was exchanged at Rs46.60 (buying) and Rs47.15 (selling).
Dealers noted that the exchange market was functioning smoothly, with sufficient foreign currency availability. However, traders remain cautious ahead of upcoming macroeconomic indicators that could influence currency valuations.
Below is the complete list of open market exchange rates in Pakistani Rupee (PKR) as of January 21, 2022:
| Currency | Buying (PKR) | Selling (PKR) |
| US Dollar (USD) | 176.95 | 178.15 |
| Australian Dollar (AUD) | 124.15 | 125.60 |
| Bahrain Dinar (BHD) | 386.95 | 388.70 |
| Canadian Dollar (CAD) | 138.65 | 140.35 |
| China Yuan (CNY) | 23.55 | 23.90 |
| Danish Krone (DNK) | 23.55 | 23.85 |
| Euro (EUR) | 199.75 | 201.75 |
| Hong Kong Dollar (HKD) | 16.90 | 17.15 |
| Indian Rupee (INR) | 2.03 | 2.10 |
| Japanese Yen (JPY) | 1.41 | 1.44 |
| Kuwaiti Dinar (KWD) | 481.85 | 484.35 |
| Malaysian Ringgit (MYR) | 36.65 | 37.00 |
| New Zealand Dollar (NZD) | 96.65 | 97.35 |
| Norwegian Krone (NOK) | 17.50 | 17.75 |
| Omani Riyal (OMR) | 392.85 | 394.88 |
| Qatari Riyal (QAR) | 39.95 | 40.55 |
| Saudi Riyal (SAR) | 46.60 | 47.15 |
| Singapore Dollar (SGD) | 128.10 | 129.60 |
| Swedish Korona (SEK) | 18.65 | 18.90 |
| Swiss Franc (CHF) | 160.25 | 161.15 |
| Thai Bhat (THB) | 4.80 | 4.90 |
| UAE Dirham (AED) | 48.20 | 48.70 |
| UK Pound Sterling (GBP) | 238.85 | 241.35 |
The currency exchange market remains a key indicator of Pakistan’s economic sentiment, with rates closely monitored by importers, exporters, and the financial sector.