In Wednesday’s interbank session, the Pakistani rupee (PKR) demonstrated strength by appreciating by 3.68 paisa against the US dollar. The currency settled the trade at PKR 278.04 per USD, marking an improvement compared to the previous session’s closing rate of PKR 278.08 per USD.
PKR INTERBANK EXCHANGE RATES ON MARCH 27, 2024
| Country (Symbol) | Rate |
|---|---|
| United States (USD) | 278.04 |
| Eurozone (EUR) | 300.98 |
| United Kingdom (GBP) | 351 |
| Japan (JPY) | 1.8329 |
| United Arab Emirates (AED) | 75.71 |
| Saudi Arabia (SAR) | 74.13 |
| Australia (AUD) | 181.37 |
| Canada (CAD) | 204.45 |
OPEN MARKET RATES
The foreign exchange opening rates for Wednesday’s open market, as provided by the Exchange Companies Association of Pakistan and the National Bank of Pakistan (NBP), offer vital insights into the initial trading dynamics against the Pakistani Rupee (PKR).
The NBP’s rates include USD selling at 281.29 PKR and buying at 275.22 PKR, GBP selling at 354.95 PKR and buying at 347.25 PKR, and EURO selling at 304.61 PKR and buying at 298.58 PKR. Moreover, conversion rates for frozen foreign currency deposits are provided, such as USD at 277.9818 PKR, GBP at 351.5357 PKR, EURO at 301.3322 PKR, and JPY at 1.8367 PKR.
