Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for major currencies, revealing slight fluctuations in the buying and selling rates. The data, sourced from the State Bank of Pakistan, indicates shifts in the value of foreign currencies against the Pakistani Rupee as of May 20, 2025.
For the US Dollar, the buying rate was recorded at 282.84, while the selling rate stood at 283.99. The Euro saw a buying rate of 317.77 and a selling rate of 320.36. The British Pound was listed with a buying rate of 377.71 and a selling rate of 380.65.
The Japanese Yen, often less volatile in the market, recorded a buying rate of 1.92 and a selling rate of 1.97. Meanwhile, the UAE Dirham had a buying rate of 77.06 and a selling rate of 77.50. The Saudi Riyal showed a buying rate of 75.38 and a selling rate of 75.80.
These rates reflect ongoing changes in the currency exchange market, impacting trade and financial transactions in Pakistan. The fluctuations are closely monitored by businesses and investors, who rely on these rates for economic decisions.