Tuesday, July 2, 2024 04:07 PM
US Dollar Maintains Strong Position in Pakistan's Forex Market
- Exchange rate for 1 USD: Rs 277.5 buying, Rs 280.25 selling
- Variability in exchange rates based on location and exchange entity
- Snapshot of current foreign exchange rates in Pakistan's open market
Image Credits: Business RecorderStay informed about the latest foreign exchange rates in Pakistan. Find out the current rates for USD, GBP, Euro, Dirham, and Riyal in the open market. Keep track of fluctuations to make informed currency exchange decisions.
Welcome to the latest update on foreign exchange rates in Pakistan! On Wednesday, April 17, 2024, the exchange rate for one US Dollar against Pakistani rupees stood at Rs 277.5 in the local and open market, with a selling rate of Rs 280.25. It's important to note that exchange rates can vary depending on the location and the specific Exchange Company or bank involved in the transaction.
Here are the foreign and local currency exchange rates for various currencies in Pakistan's open market:
- US Dollar: Buying Rate - Rs 277.5, Selling Rate - Rs 280.25
- UK Pound Sterling: Buying Rate - Rs 360, Selling Rate - Rs 365
- European Euro: Buying Rate - Rs 310, Selling Rate - Rs 315
- UAE Dirham: Buying Rate - Rs 75, Selling Rate - Rs 76
- Saudi Riyal: Buying Rate - Rs 73, Selling Rate - Rs 74
- Other Foreign Currencies: Rates may vary
These rates provide a snapshot of the current foreign exchange scenario in Pakistan, offering valuable information for individuals and businesses engaged in international transactions. It's essential to stay updated on these rates to make informed decisions regarding currency exchanges.
In conclusion, the foreign exchange market in Pakistan continues to fluctuate, with the US Dollar maintaining a strong position against the Pakistani rupee. As economic conditions evolve, these exchange rates will likely experience further adjustments, highlighting the dynamic nature of global currency markets.
