The foreign exchange trend in Pakistan’s open market is currently trending towards stability, with the US dollar remaining below the psychological threshold of Rs 280, indicating confidence in the market.
According to the latest data, the US dollar is available for purchase at Rs 278.25 and for sale at Rs 279.40. According to business circles, the dollar has been moving in a relatively limited range in recent weeks, which is reducing uncertainty in the market.
The euro is at a selling level of Rs 325.81, and the British pound is at a selling level of Rs 377.60, while the Swiss franc is reaching Rs 351.85. According to experts, this trend reflects both the ongoing changes in global financial markets and local economic indicators.
Among the Gulf currencies, the Saudi riyal, Qatari riyal, Omani riyal and Emirati dirham are trading in relatively stable ranges, which is being considered a positive development for Pakistan’s remittance system.
Analysts say that although global interest rates, oil prices and geopolitical factors are affecting the currency market, the open market situation in Pakistan remains relatively balanced.
The business community believes that the stability in the exchange rate is helping to better organise import costs, trade planning and investment decisions. Therefore, market participants are expecting a cautious but positive trend in the coming days.
| Flag | Code | Buying (PKR) | Selling (PKR) |
|---|---|---|---|
 | USD | 278.25 | 279.40 |
 | GBP | 373.07 | 377.60 |
 | AED | 75.75 | 76.75 |
 | CHF | 346.03 | 351.85 |
 | SEK | 30.27 | 30.57 |
 | SGD | 214.68 | 219.75 |
 | SAR | 74.13 | 74.75 |
 | QAR | 74.90 | 76.25 |
 | OMR | 719.22 | 730.32 |
 | NOK | 27.88 | 28.18 |
 | NZD | 159.99 | 164.95 |
 | MYR | 67.18 | 67.88 |
 | KWD | 885.78 | 895.99 |
 | THB | 8.50 | 8.70 |
 | JPY | 1.72 | 1.82 |
 | INR | 2.75 | 3.05 |
 | HKD | 35.01 | 36.01 |
 | EUR | 321.81 | 325.81 |
 | DKK | 43.39 | 43.79 |
 | CNY | 38.05 | 38.80 |
 | CAD | 198.08 | 203.65 |
 | BHD | 735.32 | 745.90 |
 | AUD | 194.24 | 199.65 |