The currency exchange rates in Pakistan saw a startling surge today, with the US Dollar (USD) reaching record highs.
According to the Exchange Companies Association of Pakistan, the USD was traded at 281.88 for buying and 282.30 for selling, causing significant concern among financial analysts and the general populace.
In addition to the USD, other major currencies also witnessed substantial increases. The Euro (EUR) was bought at 330.61 and sold at 333.70, while the British Pound (GBP) hovered between 379.95 for buying and 383.44 for selling. The Japanese Yen (JPY) experienced a slight rise, with rates ranging from 1.88 to 1.93.
Middle Eastern currencies similarly escalated, as the United Arab Emirates Dirham (AED) and the Saudi Riyal (SR) were exchanged at 76.88 and 77.53, and 75.08 and 75.65, respectively. The interbank market recorded the USD rates at 281.27 for buying and 281.47 for selling, marking a notable increase from previous figures.

