US Dollar Exchange Rates in Pakistan surge.
The Pakistani Rupee (PKR) experienced depreciation against major currencies on Monday, February 13th, with the US Dollar (USD) witnessing a notable gain in both the Interbank and Open Market.
Key Points:
- Interbank Exchange Rate:
- USD buying rate increased by 20 paisas to 279.20 PKR.
- USD selling rate increased by 50 paisas to 279.90 PKR.
- Open Market Exchange Rate:
- USD buying rate increased by 18 paisas to 279.19 PKR.
- USD selling rate increased by 18 paisas to 281.19 PKR.
- Similar trends observed with other major currencies:
- Euro buying rate increased by 30 paisas to 299.73 PKR.
- Euro selling rate increased by 52 paisas to 302.58 PKR.
- British Pound buying rate increased by 51 paisas to 351.48 PKR.
- British Pound selling rate increased by 54 paisas to 354.65 PKR.
Reasons for Fluctuation:
- Complex interplay of global economic factors and geopolitical developments.
Potential Impact:
- Closely monitored by investors and analysts for potential effects on trade and economic activities.
The US Dollar rose against the Pakistani Rupee today! In the interbank market, it gained 20 paisas to buy for 279.20 PKR and sell for 279.90 PKR. The open market saw a similar trend, with the USD climbing 18 paisas to buy for 279.19 PKR and sell for 281.19 PKR. Stay tuned for updates on this developing story! #USD #PKR #ExchangeRates #Finance
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