Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, detailing the buying and selling rates for several major currencies. The rates, which are significant for financial institutions and businesses engaged in international trade, reflect the current market conditions.
According to Exchange Companies Association of Pakistan, the US dollar is being bought at 277.41 and sold at 278.54. The euro's buying rate stands at 310.30, with a selling rate of 312.95. The British pound is being bought at 371.33 and sold at 374.41. For the Japanese yen, the buying rate is 1.75, while the selling rate is 1.80. The United Arab Emirates dirham is being bought at 75.61 and sold at 76.17. Meanwhile, the Saudi riyal's buying rate is 73.95, with a selling rate of 74.46. The interbank rate for the US dollar is 276.72 for buying and 276.92 for selling.
These rates provide a snapshot of the current foreign exchange market and are utilized by businesses and individuals engaging in currency transactions.