USD exchange rates today: Rupee fluctuates against major currencies

The National Bank of Pakistan (NBP) published its latest exchange rates, indicating fluctuations in the Rupee's buying and selling rates against major currencies.

According to the treasury management division, the US Dollar (USD) is being sold at Rs278.10 and bought at Rs277.60, while the Euro (EUR) is selling for Rs308.10 and buying for Rs307.55.

For the British Pound (GBP), the selling rate is Rs369.73 and the buying rate is Rs369.07.

The Canadian Dollar (CAD), selling for Rs206.47 and buying for Rs206.10. Meanwhile, the Australian Dollar (AUD) is listed at Rs192.27 for selling and Rs191.93 for buying.

Among Gulf currencies, the UAE Dirham (AED) is being sold at Rs76.30 and bought at Rs76.16, while the Saudi Riyal (SAR) is sold at Rs74.19 and bought at Rs74.05.

The Kuwaiti Dinar (KWD) remains one of the highest-valued currencies, with a selling rate of Rs 912.67 and a buying rate of Rs 911.03.

These rates are valid for transactions up to $5,000 or equivalent in other currencies. Larger transactions would be subject to different rates.

Additionally, certain currencies, such as the New Zealand Dollar (NZD) and Korean Won (KRW), are currently not available to NBP customers.

NBP also provided conversion rates for frozen foreign currency deposits, with the US Dollar (USD) settled at Rs277.6238 on Friday, 4th October 2024, and similar updates for the GBP, EUR, and JPY.

These updated rates reflect ongoing fluctuations in global currency markets, impacting both international trade and remittances.