Karachi: The Exchange Companies Association of Pakistan has reported slight changes in the exchange rates for major currencies including the US Dollar, Euro, and British Pound as of the end of September 2024. The local currency saw varied movement against these key currencies over the two-day period leading into the month's close.

According to Exchange Companies Association of Pakistan, on September 28, the buying rate for the US Dollar stood at 278.22 while the selling rate was at 279.97. By September 30, these rates slightly adjusted to 278.25 and 279.94 respectively. Similar marginal changes were observed with the Euro and the British Pound. The Euro moved from a buying rate of 307.87 to 308.83 and a selling rate from 310.75 to 311.73. The British Pound's buying rate increased from 369.08 to 370.40, with the selling rate climbing from 372.57 to 373.90.

The rates for other significant currencies like the Japanese Yen and the United Arab Emirates Dirham also showed minor fluctuations. The Dirham's buying rate moved from 75.27 to 75.36, and the selling rate from 75.99 to 76.07. Meanwhile, the Saudi Riyal adjusted slightly from a buying rate of 73.57 to 73.61, and a selling rate from 74.24 to 74.28.

This report highlights the ongoing volatility in the currency exchange rates within Pakistan, signaling a continued need for monitoring and potentially strategic financial management for businesses and investors dealing in foreign transactions.