Karachi: The latest figures released highlight minor fluctuations in the currency exchange rates against the Pakistani Rupee, with slight variations observed across multiple currencies including the Euro, British Pound, and Japanese Yen.
According to Exchange Companies Association of Pakistan, the Euro experienced a slight increase, with buying and selling rates recorded at 333.48 and 336.36 respectively. The British Pound also showed a marginal rise, with rates of 390.56 for buying and 393.57 for selling. The Japanese Yen saw a minor adjustment, with rates now standing between 1.93 and 1.98.
In contrast, the rates for the Saudi Riyal and UAE Dirham presented minimal changes. The Saudi Riyal was noted at 75.92 for buying and 76.40 for selling. Meanwhile, the UAE Dirham’s rates were recorded at 77.64 for buying and 78.10 for selling.
These figures reflect the current trends observed in the interbank market, where fluctuations are a result of varying demand and supply dynamics. The currency exchange trends offer insights into economic conditions and are closely monitored by stakeholders. The Exchange Companies Association of Pakistan continues to provide updates on these developments.