Karachi: The Exchange Companies Association of Pakistan recently reported slight fluctuations in the major currency exchange rates over the past few days, with most currencies showing stable trends in the buying and selling figures.

According to Exchange Companies Association of Pakistan, as of August 12, 2024, the US dollar showed a marginal increase in the buying rate from 279.26 to 279.37 while maintaining a stable selling rate at 280.40. The Euro and British Pound also saw minor adjustments, with the buying rates for the Euro moving from 303.80 to 304.07 and for the Pound from 354.99 to 355.55. The selling rates adjusted correspondingly.

Other currencies such as the Japanese Yen, UAE Dirham, and Saudi Riyal demonstrated negligible changes. The Yen remained almost stable at buying rates of 1.87 and adjusting slightly in the selling rate from 1.93 to 1.92. The Dirham and Riyal maintained a consistent selling rate, while their buying rates showed minimal variation.

Additionally, the Interbank rates for the US dollar were recorded for the first time during this period, marking a buying rate of 278.64 and a selling rate of 278.84, underscoring a steady stance in the financial market’s backbone.