Pakistan’s open market foreign exchange rates are continuing to reflect a stable trading environment, with the US dollar being traded at Rs2 78.45 for buying and Rs 279.35 for selling, according to the latest market update.
The open market provides currency exchange services to individuals, travellers, and businesses, and its rates often differ from interbank prices due to demand and supply conditions.
The British pound is currently being traded at Rs373.92 for buying and Rs378.90 for selling, while the euro is standing at Rs 322.43 and Rs 328.45 respectively. These currencies are remaining important for international travel, education payments, and trade-related transactions.
Gulf currencies are continuing to show steady movement. The UAE dirham is being traded at Rs 75.80 for buying and Rs76.80 for selling, while the Saudi riyal is remaining at Rs 74.20 and Rs 74.80. These rates are particularly significant for Pakistan due to large remittance inflows from Gulf countries.
Among other currencies, the Swiss franc is being traded at Rs 346.94 to Rs 351.95, while the Singapore dollar is moving between Rs 214.65 and Rs 219.64. The Kuwaiti dinar and Bahraini dinar are also remaining among the highest-valued currencies in the open market.
The Canadian dollar is being recorded at Rs 197.57 for buying and Rs 207.05 for selling, while the Australian dollar is trading between Rs 193.79 and Rs 198.75. Meanwhile, the Chinese yuan is remaining at Rs 38.05 to Rs 38.80.
Financial observers are noting that open market exchange rates are continuing to be influenced by retail demand, currency availability, and seasonal economic activity. Unlike the interbank market, open market rates are reflecting more immediate consumer-level demand.
Experts are also highlighting that exchange rate stability plays an important role in controlling inflation, supporting import planning, and maintaining economic predictability.
Market participants are expected to continue monitoring global financial developments, commodity price trends, and central bank policies, which may influence future currency movements.
At present, the open market is continuing to show a stable and demand-driven pattern with no major volatility observed in key global currencies.