Karachi: The latest currency exchange data released by the Exchange Companies Association of Pakistan shows minor fluctuations in major currencies over the past two days. The US dollar, Euro, British Pound, and other currencies displayed slight changes in their buying and selling rates, indicating a relatively stable foreign exchange market in the local economy.
According to Exchange Companies Association of Pakistan, on October 15, 2024, the US dollar was bought at 277.85 and sold at 279.25, while on the following day, it was slightly adjusted to a buying rate of 277.84 and a selling rate of 279.28. Similarly, the Euro was purchased at 300.73 and sold at 303.57 on the first day, with minor adjustments to 300.77 and 303.55 the next day.
The British Pound showed a buying rate of 361.19 and a selling rate of 364.53 on October 15, which slightly decreased to 360.03 and 363.43 on October 16. Other currencies such as the Japanese Yen, UAE Dirham, and Saudi Riyal remained stable over the two days, with no changes in their buying and selling rates.
The interbank rate for the US dollar was also steady, with a buying rate of 277.74 and a selling rate of 277.94 on the first day, adjusting slightly to 277.84 and 278.04 on the second day.