Karachi: The Exchange Companies Association of Pakistan released updated currency rates today, indicating a stable exchange environment for major currencies against the Pakistani Rupee.

The US Dollar is being traded at a buying rate of 282.03 and a selling rate of 282.55. The Euro stands at 332.35 for buying and 335.77 for selling. The British Pound is noted at 385.10 for buying and 388.40 for selling.

In Asian currency rates, the Japanese Yen is recorded at a buying rate of 1.89 and a selling rate of 1.94. The United Arab Emirates Dirham shows a buying rate of 77.23 and a selling rate of 78.07. Meanwhile, the Saudi Riyal is listed at 75.31 for buying and 75.97 for selling.

The interbank rates for the US Dollar are slightly lower, with a buying rate of 281.51 and a selling rate of 281.71, reflecting minor fluctuations in the currency market.

These rates, sourced from the Exchange Companies Association of Pakistan, suggest a period of relative stability in the foreign exchange market.