US dollar rate against Pakistani rupee, Feb 22


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              SellingAustralian Dollar        122.5                125Canadian Dollar         125                   127Euro                         191                   193Saudi Riyal                42.4                  43Japanese Yen            1.55                  1.58China Yuan               24.95                 25.1UAE Dirham              43.5                   44UK Pound Sterling     20.5                   223.5US Dollar                 159                    159.7


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