Stock Exchange Announcements

Exchange Rates Fluctuate Marginally in Recent Trading Days

Karachi, The Exchange Companies Association of Pakistan reported minimal changes in the foreign currency exchange rates over the past two trading sessions, with slight adjustments noted across major currencies including the USD, EURO, and GBP.

According to Exchange Companies Association of Pakistan, the rates for the USD, EURO, GBP, JPY, AED, and SR saw minor variations between June 14 and June 15, 2024. The USD was bought and sold at rates of 277.61 and 280.25 respectively on June 14, with a slight decrease to 277.58 and 280.20 the following day. The EURO and GBP also experienced slight decreases in both buying and selling prices.

No data was provided for the interbank rates on June 15, indicating a possible halt in recording or reporting these figures for that day. The minimal fluctuations in exchange rates reflect stable trading conditions and are typical of regular market activities. Traders and economists closely monitor such changes as they can impact international trade, loans, and travel economics.