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