Stable Trends Observed in Major Currency Exchange Rates in Pakistan

Islamabad: The currency exchange rates for major currencies such as the USD, EURO, GBP, and others have shown relatively stable trends over consecutive days, as per the latest figures released by the Exchange Companies Association of Pakistan.

According to Exchange Companies Association of Pakistan, on July 8, 2024, the buying rate for the US dollar stood at 278.73 with the selling rate at 280.50, while the Euro was bought at 299.25 and sold at 302.10. The British Pound was quoted at 354.24 for buying and 357.62 for selling. The trend continued into July 9, with the US dollar buying rate slightly increasing to 279.09 and the selling rate at 281.00. Rates for the Euro and the Pound showed minimal changes.

These stable rates reflect a consistent pattern in the foreign exchange market in Pakistan, despite global economic fluctuations. This information is crucial for businesses, investors, and consumers who rely on accurate and timely data to make informed financial decisions.