In the latest trading session, the Pakistani rupee (PKR) showcased a modest but noteworthy appreciation against the US dollar, marking a positive shift in its exchange rate dynamics. By the close of Monday’s interbank session, the PKR strengthened by 0.46 paisa, positioning itself more favorably at PKR 279.36 per USD.
This adjustment signals a stabilization in the PKR’s value, maintaining its ground firmly at the same rate as the session before, at PKR 279.36 per USD. Such movements underscore the fluctuating nature of currency markets and the factors influencing the PKR’s resilience against economic pressures.
PKR INTERBANK EXCHANGE RATES ON FEBRUARY 19, 2024
| Country Name | Symbol | Rate |
|---|---|---|
| United States | USD | 279.3557 |
| Eurozone | EUR | 301.2712 |
| United Kingdom | GBP | 352.7006 |
| Japan | JPY | 1.8628 |
| United Arab Emirates | AED | 76.0586 |
| Saudi Arabia | SAR | 74.4869 |
| Australia | AUD | 182.7825 |
| Canada | CAD | 207.3141 |
PAKISTAN STOCK MARKET A DETAILED ANALYSIS OF KSE-100’S LATEST SURGE
PKR OPEN MARKET EXCHANGE RATES
The Pakistani Rupee (PKR) has shown varying levels of strength against a basket of major currencies. Here’s a closer look at the buying and selling rates as reported by ECAP:
PKR OPEN MARKET EXCHANGE RATES ON FEBRUARY 19, 2024
| Currency | Buying | Selling |
|---|---|---|
| USD | 279.57 | 281.77 |
| EUR | 300.23 | 303.09 |
| GBP | 351.45 | 354.73 |
| JPY | 1.83 | 1.87 |
| AED | 76.06 | 76.81 |
| SAR | 74.25 | 74.94 |
USD TO PKR
The cornerstone of global finance, the USD, has a buying rate of 279.57 PKR and a selling rate of 281.77 PKR. The US Dollar’s performance is a key indicator of Pakistan’s economic interactions with the global market, affecting everything from import costs to foreign debt repayments.
