The Pakistani rupee remained under significant pressure at the close of the week’s trading on Friday, with the British pound, euro, and US dollar all recording strong values in the open market, according to figures released by the Exchange Companies Association of Pakistan.
The pound sterling was the most expensive major currency, being quoted between 384.88 for buying and 388.56 for selling. The euro also demonstrated considerable strength, with its trading band recorded between 333.72 and 336.84.
The United States dollar was valued in the open market with a buying rate of 280.22 and a selling rate of 280.82. In the interbank market, the greenback was traded at a slightly lower range, with rates of 279.77 for buying and 279.97 for selling.
Currencies from the Middle East also held firm, with the UAE dirham being exchanged between 76.49 and 77.29. The Saudi riyal was priced at 74.80 for buying and 75.42 for selling.
The Japanese yen was the lowest-priced currency among those reported, trading between 1.79 and 1.86 in the local market.