FLASHNEWS:

Currency fluctuations continue in Pakistan’s forex market

Islamabad, The foreign exchange rates in Pakistan have shown slight changes from April 23 to April 24, with minor adjustments noted in the values of major currencies including the US dollar, euro, and British pound against the Pakistani rupee.

According to Exchange Companies Association of Pakistan, the US dollar was bought at 277.19 and sold at 279.82 Pakistani rupees on April 24, showing a slight increase from the previous day's rates of 277.18 and 279.77 respectively. Similarly, the euro rose to 294.04 from 293.00 for buying and increased to 296.85 from 295.72 for selling. The British pound also saw an uptick, bought at 342.42 up from 339.76, and sold at 345.69, up from 342.94.

Other currencies such as the Japanese yen and Saudi Riyal showed marginal fluctuations. The yen was slightly down to 1.75 from 1.76 for buying, while the Saudi Riyal maintained a stable rise in its selling rate from 73.92 to 73.95. The UAE Dirham saw a very minor decrease in its buying rate from 75.02 to 75.00 and maintained a nearly unchanged selling rate.

The interbank rates for the US dollar showed little variation, with the buying rate at 278.39 and the selling rate at 278.59, only a slight increment from the previous day's rates of 278.38 and 278.58. These minor fluctuations in the forex rates reflect ongoing adjustments in the local currency market.