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Pakistani rupee loses 94 paisas against US dollar in interbank market

Web Desk 07:03 PM | 1 Feb, 2023
Pakistani rupee loses 94 paisas against US dollar in interbank market
Source: File Photo

KARACHI – The US dollar appreciated by 94 paisas against the Pakistan rupee in the interbank market to close at Rs268.82 on Wednesday against the previous day's closing of Rs267.88.

In the opening market, the buying and selling rates of greenback were recorded at Rs270 and Rs272.70, respectively.

The local currency loses ground a day after it snapped its losing streak and appreciated by 0.65% on Monday to reach Rs267.89 against the dollar. The development came as a delegation of the International Monetary Fund (IMF) landed in Pakistan for ninth review under the $7 billion loan programme.

Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.

The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 25, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 25, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.1 286.15
Euro EUR 304 307
UK Pound Sterling GBP 345.5 349
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 751.6 759.6
Canadian Dollar CAD 205 207.2
China Yuan CNY 41.44 41.84
Danish Krone DKK 41.31 41.71
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 923.62 932.59
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 177.56 179.56
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.94
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 308.97 311.47
Thai Bhat THB 8.3 8.45

Today's gold rates in Pakistan – 25 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 207,000 on Saturday.The price of 10 grams of 24k gold was recorded at Rs177,470.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 207,000 PKR 2,445
Karachi PKR 207,000 PKR 2,445
Islamabad PKR 207,000 PKR 2,445
Peshawar PKR 207,000 PKR 2,445
Quetta PKR 207,000 PKR 2,445
Sialkot PKR 207,000 PKR 2,445
Attock PKR 207,000 PKR 2,445
Gujranwala PKR 207,000 PKR 2,445
Jehlum PKR 207,000 PKR 2,445
Multan PKR 207,000 PKR 2,445
Bahawalpur PKR 207,000 PKR 2,445
Gujrat PKR 207,000 PKR 2,445
Nawabshah PKR 207,000 PKR 2,445
Chakwal PKR 207,000 PKR 2,445
Hyderabad PKR 207,000 PKR 2,445
Nowshehra PKR 207,000 PKR 2,445
Sargodha PKR 207,000 PKR 2,445
Faisalabad PKR 207,000 PKR 2,445
Mirpur PKR 207,000 PKR 2,445

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