Currency prices in Pakistan’s open market are still seen moving continuously today, while the US dollar is trading at Rs278.45 for buying and Rs279.35 for selling.
The demand for the dollar in the market is continuing while exchange companies are showing minor changes in rates on a daily basis.
The British pound is trading at Rs 373.92 for buying and Rs 378.90 for selling, while the euro is trading between Rs 322.43 and Rs 328.45. Both currencies are constantly moving between pressure and demand.
Gulf currencies are also seeing continued activity. The UAE dirham is trading between Rs 75.80 and Rs 76.80, while the Saudi riyal is trading between Rs 74.20 and Rs 74.80. These currencies are particularly important due to remittances.
The Kuwaiti dinar is trading between Rs 886.85 and Rs 896.99 in the open market, while the Omani riyal is trading above Rs 720.
The Canadian dollar is moving from Rs 197.57 to Rs 207.05, while the Australian dollar is between Rs 193.79 and Rs 198.75.
The Singapore dollar, Swiss franc and other currencies are also showing continuous fluctuations, while an overall balanced but demand-based situation is prevailing in the market.
Experts say that rates in the open market are mostly driven by demand and supply and in the event of any major policy change or global economic shock, these rates can change further.
Currently, the market is moving in a limited range and investors are monitoring the currency situation on a daily basis.
| Flag | Code | Buying (PKR) | Selling (PKR) |
|---|---|---|---|
 | USD | 278.45 | 279.35 |
 | GBP | 373.92 | 378.90 |
 | AED | 75.80 | 76.80 |
 | CHF | 346.94 | 351.95 |
 | SEK | 30.27 | 30.57 |
 | SGD | 214.65 | 219.64 |
 | SAR | 74.20 | 74.80 |
 | QAR | 75.04 | 76.35 |
 | OMR | 722.00 | 732.32 |
 | NOK | 27.88 | 28.18 |
 | NZD | 160.15 | 164.88 |
 | MYR | 67.05 | 67.90 |
 | KWD | 886.85 | 896.99 |
 | THB | 8.45 | 8.65 |
 | JPY | 1.7114 | 1.8161 |
 | INR | 2.80 | 3.10 |
 | HKD | 35.01 | 36.01 |
 | EUR | 322.43 | 328.45 |
 | DKK | 43.39 | 43.79 |
 | CNY | 38.05 | 38.80 |
 | CAD | 197.57 | 207.05 |
 | BHD | 736.75 | 747.85 |
 | AUD | 193.79 | 198.75 |
