Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for February 12, 2025, showing stability in the currency market. The report detailed the buying and selling rates for several major global currencies, including the US dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal.

According to a statement by State Bank of Pakistan, the US dollar closed at a buying rate of 278.80 PKR and a selling rate of 281.06 PKR. The euro was bought at 287.90 PKR and sold at 290.70 PKR, while the British pound was bought at 346.25 PKR and sold at 350.00 PKR.

The statement further revealed that the Japanese yen closed at a buying rate of 1.79 PKR and a selling rate of 1.84 PKR. The UAE dirham was bought at 75.98 PKR and sold at 76.54 PKR. Meanwhile, the Saudi riyal was recorded at a buying rate of 74.23 PKR and a selling rate of 74.77 PKR.

These figures provide insight into the dynamics of the open market and reflect the challenges and opportunities within Pakistan’s financial sector. The exchange rates are crucial for trade, investment, and the economy's overall health. The data highlights the country's ongoing relationship with major currencies and international markets.