The buying rate of the US dollar was Rs159, while its selling rate was Rs159.7 on Monday, February 22 in the open market
With increased inflows from the Pakistani diaspora to the Roshan Digital Account (RDA) and export proceeds, the Pakistani rupee is expected to remain firm this week
However, a declining trend in foreign exchange reserves might have a negative impact on the market sentiment.
Meanwhile, the following were the rates of the US Dollar, Saudi Riyal, UK Pound, the UAE’s Dirham, and other foreign currencies in the open market.
The information has been obtained from the Forex Association of Pakistan.
Currency Buying Selling
Australian Dollar 122.5 125
Canadian Dollar 125 127
Euro 191 193
Saudi Riyal 42.4 43
Japanese Yen 1.55 1.58
China Yuan 24.95 25.1
UAE Dirham 43.5 44
UK Pound Sterling 20.5 223.5
US Dollar 159 159.7