Pakistan's Currency Exchange Rates Update for International Traders

As of Monday, May 06, 2024, the exchange rate for one US Dollar against Pakistani rupees stood at Rs 277.25, with a selling rate of Rs 280. It's important to note that exchange rates can vary depending on the location and the specific exchange entity involved in the transaction.

Here are the current foreign and local currency exchange rates for various currencies in Pakistan's open market:

• US Dollar (USD): Buying Rate - Rs 277.25, Selling Rate - Rs 280
• UK Pound Sterling (GBP): Buying Rate - Rs 360, Selling Rate - Rs 365
• European Euro (EUR): Buying Rate - Rs 310, Selling Rate - Rs 315
• UAE Dirham (AED): Buying Rate - Rs 75, Selling Rate - Rs 76
• Saudi Riyal (SAR): Buying Rate - Rs 73, Selling Rate - Rs 74
• Other Foreign Currencies: Rates may vary, please check with the exchange provider

These rates provide an indication of the current value of these currencies in relation to the Pakistani rupee. Individuals or businesses involved in international transactions or travel may use these rates as a reference point for their financial activities.

In conclusion, staying informed about foreign exchange rates is crucial for anyone engaged in cross-border transactions. The rates provided here offer a snapshot of the currency market in Pakistan, highlighting the ongoing fluctuations and values of major currencies against the Pakistani rupee.