Pakistani Rupee Strengthens Against Major Currencies

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Pakistani Rupee Strengthens Against Major Currencies

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On January 27, 2024, the Pakistani rupee showed signs of recovery against the US dollar and other major currencies in the open market.

In the open market, the exchange rates reflected the positive shift for the Pakistani rupee. The US dollar was reported at 279 for buying and 281.45 for selling. Meanwhile, the Euro experienced a decrease, with rates set at 303 for buying and 306 for selling. The British Pound exhibited rates of 356.5 for buying and 359.5 for selling.

Read more: Rupee Continues Gains Against US Dollar This Week

The exchange rate for the UAE Dirham (AED) was observed at 76.6, while the Saudi Riyal saw a slight increase, reaching new rates at 74.6.

These figures, sourced from the Forex Association of Pakistan as of 9:00 AM, marked a notable improvement for the Pakistani rupee against the US dollar, Euro, British Pound, UAE Dirham, and Saudi Riyal in the open market.

This positive trend in the currency exchange rates on January 27, 2024, reflects a recovery for the Pakistani rupee, providing a favorable environment for transactions involving major international currencies. The continuous monitoring of these rates serves as a crucial indicator for individuals and businesses engaged in international trade and financial transactions.

Currency Symbol Buying Selling
US Dollar USD 279 281.45
Euro EUR 303 306
UK Pound Sterling GBP 356.5 359.5
U.A.E Dirham AED 76.6 77.4
Saudi Riyal SAR 74.6 75.6
Australian Dollar AUD 182 183.8
Bahrain Dinar BHD 744.55 752.55
Canadian Dollar CAD 205 207
China Yuan CNY 39.32 39.72
Danish Krone DKK 40.7 41.1
Hong Kong Dollar HKD 35.81 36.16
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 909.71 918.71
Malaysian Ringgit MYR 59.36 59.96
New Zealand Dollar NZD 170.83 172.83
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 727.19 735.19
Qatari Riyal QAR 76.91 77.61
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.75 27.05
Swiss Franc CHF 322.7 325.2
Thai Bhat THB 7.83 7.98

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