Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady exchange rates for major currencies in the open market as of May 22, 2025. The data, sourced from the State Bank of Pakistan, indicates minimal fluctuations, reflecting a stable trading environment.
According to ECAP, the US dollar was being bought at 283.09 PKR and sold at 284.15 PKR. The euro saw a buying rate of 320.07 PKR and a selling rate of 322.77 PKR. The British pound stood at 379.40 PKR for buying and 382.45 PKR for selling.
The Japanese yen was observed at 1.94 PKR for buying and 1.98 PKR for selling. The United Arab Emirates dirham was at 77.15 PKR for buying and 77.55 PKR for selling. The Saudi riyal showed a buying rate of 75.46 PKR and a selling rate of 75.85 PKR.
The report from ECAP, based on figures from the State Bank of Pakistan, provides insights into the current foreign exchange market conditions. The stability in rates is seen as indicative of balanced demand and supply in foreign currency trading.