Pakistan's Forex Market Remains Stable with Elevated US Dollar Rates
The foreign currency exchange rates in Pakistan have remained stable with the US Dollar and other international currencies trading at elevated levels against the Pakistani rupee. The US Dollar was quoted at Rs278.40 for buying and Rs278.85 for selling, while the Euro stood at Rs321.09 and Rs324.85 respectively. The UK Pound Sterling, on the other hand, remained among the higher-valued currencies in the market with buying and selling rates recorded at Rs374.25 and Rs378.35.
The UAE Dirham was available at Rs76.15 for buying and Rs77.15 for selling, while the Saudi Riyal was quoted at Rs74.10 and Rs75.20. The currency exchange rates in Pakistan have been influenced by various economic factors, including global market trends and trade policies.