Karachi: The latest foreign exchange rates released for August 20, 2024, show minor changes across major currencies including the USD, EURO, and GBP, with slight adjustments also observed in the rates for JPY, AED, and SR.

According to Exchange Companies Association of Pakistan, the USD selling rate saw a slight decrease from 280.30 to 280.20, while the buying rate increased marginally from 279.38 to 279.39. The EURO experienced a more noticeable change, with its selling rate rising from 308.58 to 309.65, and the buying rate increasing from 306.97 to 307.55. The GBP rates also adjusted slightly, with the selling rate moving from 362.27 to 362.90 and the buying rate from 360.31 to 360.73.

The rates for the Japanese Yen (JPY), UAE Dirham (AED), and Saudi Riyal (SR) remained relatively stable with minor fluctuations. The interbank rates for the USD showed a slight decrease in both buying and selling rates.

These currency rate changes reflect ongoing adjustments in the global and local economic landscapes, influencing trade, remittances, and investment flows into and out of Pakistan.