Karachi, Recent data released by the Exchange Companies Association of Pakistan indicates fluctuations in exchange rates for various currencies between April 25 and April 26, 2024. These changes affect buying and selling rates across the US Dollar (USD), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), United Arab Emirates Dirham (AED), and Saudi Riyal (SR).

According to Exchange Companies Association of Pakistan, the buying rate for the US Dollar on April 25 was PKR 277.01, with a selling rate of PKR 279.69. On April 26, the buying rate slightly increased to PKR 277.05, while the selling rate remained consistent at PKR 279.69. For the Euro, the buying rate rose from PKR 294.33 to PKR 294.76, with selling rates increasing from PKR 297.04 to PKR 297.48.

The British Pound exhibited a minor increase in both buying and selling rates. The buying rate moved from PKR 343.15 to PKR 343.65, while the selling rate increased from PKR 346.35 to PKR 346.85. The Japanese Yen saw no change in its buying and selling rates, maintaining a buying rate of PKR 1.74 and a selling rate of PKR 1.78.

For the United Arab Emirates Dirham, the buying rate shifted from PKR 75.00 to PKR 75.01, with a constant selling rate of PKR 75.72. The Saudi Riyal's buying rate increased from PKR 73.26 to PKR 73.28, while the selling rate moved from PKR 73.92 to PKR 73.95. Meanwhile, the interbank rates for the US Dollar were PKR 278.48 buying and PKR 278.68 selling on April 25, then dropped to PKR 278.39 buying and PKR 278.59 selling on April 26.

These fluctuations reflect changes in the currency exchange market that can impact importers, exporters, and other stakeholders in Pakistan's economy. The data reveals the continued need for market monitoring and analysis to understand the trends affecting foreign exchange in the region.