KARACHI: On May 2, 2025, there was an overall stabilization in the rates of currencies in the open market of Pakistan. The US dollar was trading at Rs 281.30 and Rs 283, while the British pound remained at Rs 376.60 and Rs 380.10, the highest-valued currencies.
The price of the euro stood at Rs. 319.05 for buying and Rs. 321.80 for selling. The Saudi Riyal was available at Rs 75.00 for buying and Rs 75.55 for selling, while the UAE Dirham was available at Rs 76.60 for buying and Rs 77.25 for selling.
In other currencies, the Canadian dollar is available at Rs 204.60 for buying and Rs 207.00 for selling, the Australian dollar at Rs 180.25 for buying and Rs 183.50 for selling, and the Chinese yuan at Rs 37.59 for buying and Rs 37.99 for selling.
Experts say that this stability in the rates of currencies is a manifestation of the improvement of the domestic economy and the increase in foreign investment.
