USD exchange rate: Pakistani rupee fluctuates against key currencies

Value of Pakistani rupee fluctuates, strengthening against USD, while suffering losses against GBP and Euro.


News Desk October 28, 2024
PHOTO: FILE

The latest exchange rates reveal a slight strengthening of the Pakistani rupee against the US dollar, which is now buying at Rs276.00 and selling at Rs278.75.

Meanwhile, the British Pound (GBP), was being bought at Rs356.80 and sold at Rs360.35.

The Euro (EUR) followed suit, with a buying rate of Rs297.20 and a selling rate of Rs300.15.

The Australian dollar (AUD) was currently trading at Rs180.00 for buying and Rs184.00 for selling.

Meanwhile, the Canadian dollar (CAD) was priced at Rs197.50 for buying and Rs203.00 for selling.

While the Saudi Riyal (SAR) listed at Rs73.45 buying and Rs74.15 selling.

In the Middle East, while the UAE dirham held between Rs75.20 and Rs75.95.

The Kuwaiti dinar topped the chart at a buying rate of Rs896.35 and a selling rate of Rs905.30.

Photo: NBP Exchange Compnay Limited

Photo: NBP Exchange Compnay Limited

Meanwhle, The Pakistan Stock Exchange (PSX) continued its upward trend, with the KSE-100 index briefly touched a new all-time high of 90,871 points during intra-day trading.

The bullish momentum from the previous week continued on the first business day of the current week with trading commencing with a surge of around 200 points, pushing the KSE-100 index to a level of 90,195.51 points.

Today, the index touched a peak of 90,871 points, with gain of 877 points.

The Pakistan Stock Exchange also saw significant gains last week, with the index surpassing 89,000 and reaching the new milestone of 90,000 points.

On the other hand, Gold prices have decreased in both international and local markets.

International price of gold per ounce falls by $9 to reach $2,739, per tola price drops by Rs900, in local market.

 

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