Karachi: The Pakistan open market forex rates have seen significant fluctuations, with the US Dollar reaching a record high of PKR 281.75 for selling and PKR 280.25 for buying as of today. Other major currencies, including the euro, UK pound sterling, and Saudi riyal, also experienced notable changes.
Analysts attribute these shifts to global economic trends and local market dynamics, raising concerns about inflation and trade balances. This update provides a snapshot of the latest forex rates and their potential implications for Pakistan’s economy.