KARACHI: The Exchange Companies Association of Pakistan has announced the latest currency exchange rates for various currencies against the Pakistani Rupee. The rates are set for the interbank market and reflect the ongoing trends in the currency exchange sector.
According to Exchange Companies Association of Pakistan, the US Dollar is being exchanged at rates of 279.11 for buying and 279.96 for selling. The Euro stands at 328.05 for buying and 331.14 for selling, while the British Pound is available at 379.45 for buying and 382.73 for selling. Additionally, the Japanese Yen is listed at 1.76 for buying and 1.82 for selling. The United Arab Emirates Dirham is exchanged at 76.00 for buying and 76.66 for selling, and the Saudi Riyal is available at 74.39 for buying and 75.00 for selling.
The rates provided by the association are crucial for businesses and individuals engaging in international transactions. The fluctuations in exchange rates can impact various sectors of the economy, influencing decisions related to trade and investment.