KARACHI: June 22,2023: The currency market is showing stability today as there is no fluctuation in the rates of major currencies against the local currency.
The report released by All Pakistan Currency Dealers Association (APCDA) suggested that US dollar -PKR party remained stable at the closing of the first session of the currency market . According to APCDA , US dollar in interbank is trading at Rs 286.60 (buying) and Rs 286.70 (selling) today. In open market ,
US dollar also remained pegged to its last day’s value of Rs 288.00 (selling) and Rs 291.00 (buying). The rupee was showing healthy signs in the last at least three consective sessions. However , it showed stability with no no moving either way today (Thursday). Other major currencies also remained pegged to their last day’s position . They did not show any fluctuation against the local unit today. Saudi Riyal is trading at Rs 76.20 (buying) and Rs 77.00 (selling) respectively.
UAE Durham rates vis a vis a rupee stand at Rs 79.20 (selling ) and Rs 80.00 (buying) respectively . Euro is trading at 315.00 (buying) and Rs 320.00 (selling) respectively. Pound Sterling rates today stand at Rs 368.00 (buying) and Rs 371.00 (selling) respectively. AUD rates in local market stands at Rs 192.00 (buying) and Rs 196.00 (selling) today.
CAD rate is Rs 216.50 (buying) and Rs 221.00 (selling) respectively. Chinese yen ‘s rate in the local market is Rs 41.00 (buying) and Rs 44.00 (selling) respectively today .
it showed stability with no no moving either way today (Thursday). Other major currencies also remained pegged