KARACHI: June 9, 2023 US dollar is continuously appreciating against the rupee in in open market of Pakistan. On Friday US dollar value soared to Rs 301 (selling) and Rs 304 (buying) , showing an increase of one rupee . On Thursday US dollar had closed at Rs 300(selling) and Rs 303 (buying) respectively.
US dollar value is ranging between Rs 295 to Rs 300 following a government step to allow the commercial banks to make payments of credit cards at the interbank rates.
In interbank, US dollar is also showing slightly downward trend in its value and it settled to Rs 286. 60 (buying) and Rs 286.75 (selling).
Other major currencies rates in Pakistan as follows . Saudi Riyal is trading at Rs 79.20 (buying) and Rs 80.00 (selling). UAE is trading at Rs 82.20 and Rs 83.00. Euro rate is trading at Rs 319.80 (buying) and Rs 323 (selling). Pound Sterling is trading at Rs 373.30 (buying) and 377.00 (selling) .
AUD rate in local currency market is Rs 198.00 (buying) and Rs 201.00 (selling) respectively. CAD rate today in local market is R 222.00 (buying) and Rs 225.00 (selling). Chinese Yen rate is Rs 45.00 (buying) and Rs 47.00 (selling) respectively.
Afghan currency is performing even better than the rupee. Afghan rupee is trading at Rs 3.30 (buying) and Rs 3.70 (selling) respectively.