USD exchange rate: Rupee value fluctuates against major currencies

The Pakistani currency exhibited mixed effects on Thursday, strengthening against the GBP and EUR while slightly weakening against the USD.

The buying rate for the US Dollar (USD) stood at Rs276.15, while the selling rate was at Rs278.90.

The British Pound (GBP) had a buying rate of Rs357.10 and a selling rate of Rs360.65.

The Euro (EUR) followed closely with a buying rate of Rs299.10 and a selling rate of Rs302.05.

In the Middle Eastern currency segment, the Saudi Riyal (SAR) was available for purchase at Rs73.50 and for sale at Rs74.20. The UAE Dirham (AED) was priced at Rs75.25 for buying and Rs76.00 for selling.

The Australian Dollar (AUD) had a buying rate of Rs179.80 and a selling rate of Rs183.50.

Meanwhile, the Canadian Dollar (CAD) stood at Rs197.50 for buying and Rs203.00 for selling.

For those interested in Swiss currency, the Swiss Franc (CHF) was priced at Rs317.00 for buying and Rs321.00 for selling.

The Omani Rial (OMR) and Bahraini Dinar (BHD) continued to be among the more expensive currencies, with buying rates of Rs716.60 and Rs730.70, respectively, and selling rates of Rs723.25 and Rs738.00.

Lastly, the Kuwaiti Dinar (KWD) remained the highest-valued currency in the region, with a buying rate of Rs897.00 and a selling rate of Rs906.00.

Photo: NBP Exchange Limited Company

On the other hand, price of 24 karat gold in Pakistan decreased by Rs700, bringing it down to Rs287,200 per tola on Thursday.

In the international market, gold prices also experienced a decline, decreasing by $7 to $2,777 from $2,784.

Meanwhile, The Pakistan Stock Exchange (PSX) dipped by around 1319.80 points during intra-day trading, ending its rallying streak that continued for the past few days breaking several all-time high records.

The market dipped by 1.46% on Thursday from its previous day close of 90,286.56.