The United States dollar maintained its position near the 281 mark in the open market on Wednesday, revealing a notable difference when compared to its interbank valuation, while the British pound and Euro recorded significant highs, according to data released by the Exchange Companies Association of Pakistan.
The greenback was quoted with a purchase price of 280.72 and a sale price of 281.30 in the open market. In contrast, the US currency registered a tighter spread in the interbank market, finishing the session with buying and selling levels of 280.27 and 280.47, respectively.
Meanwhile, major European monetary units demonstrated strong figures. The Euro was priced for purchase at 328.47 and for sale at 331.57. The Pound Sterling (GBP) stood as the most expensive currency among the majors, with its buying rate posted at 374.58 and its selling valuation concluding at 378.10.
Other foreign currencies also saw updated quotations. The Japanese Yen (JPY) traded between 1.78 and 1.84. Among Middle Eastern currencies, the UAE Dirham (AED) had a buying figure of 76.56 and a selling figure of 77.34, while the Saudi Riyal (SR) was valued for purchase at 74.79 and for sale at 75.39.