Dollar Surpasses 281 Mark in Open Market as Major Currencies Hold Firm

The United States dollar was traded at a high of 281.70 in the open market on Tuesday, while the interbank rate remained below the 281 threshold, according to data released by the Exchange Companies Association of Pakistan.

The greenback’s buying rate in the open market was recorded at 281.31. In the interbank system, a narrower band was observed, with the dollar being bought at 280.67 and sold at 280.87.

Other major global currencies also maintained strong positions. The Euro was quoted with a buying price of 325.32 and a selling price of 328.32.

Similarly, the British Pound Sterling was available for purchase at 369.18 and for sale at 372.52.

In Asian currency trading, the Japanese Yen was valued between 1.79 for buying and 1.85 for selling. Currencies from the Middle East reflected firm values, with the UAE Dirham (AED) fluctuating between 76.61 and 77.44.

The Saudi Riyal (SR) was listed with a buying rate of 74.92 and a selling rate of 75.55 for the day.