Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for July 28, 2025, highlighting a varied performance among major currencies against the Pakistani Rupee. The data, sourced from the State Bank of Pakistan, shows fluctuations in the buying and selling rates for several foreign currencies.
The US Dollar was recorded at a buying rate of 284.32 and a selling rate of 286.30. This indicates the ongoing demand for the dollar in the open market. The Euro stood at a buying rate of 333.02 and a selling rate of 336.27, reflecting its position as a significant currency in foreign exchange dealings.
The British Pound, another key currency, was listed with a buying rate of 381.54 and a selling rate of 384.68. The Japanese Yen, often a focus in currency markets, showed a buying rate of 1.90 and a selling rate of 1.95.
Among the Middle Eastern currencies, the United Arab Emirates Dirham was reported at a buying rate of 77.36 and a selling rate of 77.90. The Saudi Riyal was listed with a buying rate of 75.70 and a selling rate of 76.25.
These rates provide insight into the current foreign exchange market dynamics in Pakistan and are closely monitored by businesses and investors for economic strategies.