A slight decline was observed in major foreign currency rates, including the US dollar, in the open market on Monday, as reported on Monday. The decline is due to the current market dynamics shaped by supply and demand trends.
According to the latest data obtained from exchange companies, the buying rate of the US dollar was recorded at 278.67 rupees, while the selling rate was 279.46 rupees.
Similarly, the buying price of the Euro was seen at 319.37 rupees, while the selling price was recorded at 322.88 rupees. The British Pound was available for purchase at 368.91 rupees and could be sold at 372.74 rupees.
In the case of the Japanese Yen, its buying and selling rates were 1.72 rupees and 1.78 rupees, respectively. The UAE Dirham and Saudi Riyal also faced a slight decline, with the Dirham being bought at 75.92 rupees and sold at 76.55 rupees, while the Riyal was bought at 74.28 rupees and sold at 74.86 rupees.
On the other hand, in the interbank market, the buying rate of the US dollar remained fixed at 278.22 rupees, while the selling rate was slightly higher at 278.42 rupees.
Financial analysts say these slight changes, observed since 20 June 2026, in the prices of the US dollar, Euro, and British Pound in the open market, are in line with global and local economic conditions. They emphasize that these factors will significantly affect the direction of the currency market in the near future.