
According to the Forex Association of Pakistan, the dollar’s buying and selling rates in the open market remained higher, standing at Rs284 and Rs284.5, respectively.
The Euro gained strength as its price rose by 25 paisa, closing at Rs328.58 compared to Rs328.33 a day earlier, as per the State Bank of Pakistan.
Meanwhile, the Japanese Yen saw a minor increase of 01 paisa, closing at Rs1.91. On the other hand, the British Pound lost Rs1.07, settling at Rs379.74 against the earlier Rs380.81.
The Emirates Dirham and Saudi Riyal both slipped by 01 paisa, ending the day at Rs76.75 and Rs75.12, respectively.
Read more: Gold price shock: Up in Pakistan, down worldwide – Here’s why!
The slight appreciation of the Rupee in interbank trade indicates controlled stability, but the higher open market rates expose persistent demand pressure for the US Dollar. The contrasting trends in Euro and Pound highlight ongoing volatility influenced by global currency shifts. Minor changes in the Yen, Dirham, and Riyal show that Pakistan’s foreign exchange market remains sensitive, with interbank figures reflecting managed stability while open market fluctuations continue to concern traders and importers.