Karachi: The latest currency exchange rates reveal minor adjustments in the buying and selling prices of major currencies against the Pakistani Rupee, as recorded over consecutive days. These changes indicate a stabilization trend in the interbank rates, with slight variations in the rates for the US Dollar, Euro, British Pound, and other currencies.

According to Exchange Companies Association of Pakistan, the buying and selling rates for the US Dollar were observed at 279.41 and 280.85 on September 12, and adjusted slightly to 279.54 and 280.75 by September 13. Similarly, the Euro moved from buying at 306.40 and selling at 309.44 to buying at 307.99 and selling at 311.00 in the same period. The British Pound also showed a modest increase in both buying and selling rates.

The rates for other currencies like the Japanese Yen, UAE Dirham, and Saudi Riyal saw small shifts. The interbank rates also mirrored this stability with a minimal narrowing of the spread between the buying and selling rates from one day to the next. The stability in these rates reflects ongoing adjustments in the local currency market, possibly in response to global economic cues and domestic fiscal policies.