Karachi: The foreign exchange rates have shown minor variations between the 25th and 26th of July, the latest data released by the Exchange Companies Association of Pakistan. The rates for major currencies like the USD, EURO, and GBP experienced slight adjustments, reflecting a stable yet responsive currency market in Pakistan.
According to Exchange Companies Association of Pakistan, on the 25th of July, the buying and selling rates for the USD were recorded at 278.50 and 279.70 respectively, which held steady at 278.50 for buying but slightly increased to 279.82 for selling the following day. The EURO saw a minor rise from a buying rate of 300.39 to 300.80 and a selling rate from 303.39 to 303.80. The GBP decreased slightly in buying price from 357.35 to 356.68, while the selling price adjusted from 360.86 to 360.23.
Other currencies such as the Japanese Yen (JPY), United Arab Emirates Dirham (AED), and Saudi Riyal (SR) showed similar stability. The JPY maintained a close range with buying rates of 1.79 on the 25th dropping minimally to 1.78 on the 26th, while selling rates held at 1.83. Both the AED and SR kept consistent rates over the two days.
The Interbank rates also reflected slight variations, with the buying rate on the 25th recorded at 278.41 and slightly decreasing to 278.34 on the 26th. The selling rates similarly showed a minor decrease from 278.61 to 278.54.