KARACHI: The buying rate of the US dollar was at Rs160 while its selling rate was Rs160.6 on Wednesday, December 30 at the closing of Pakistan's currency market.
Meanwhile, the following were the rates of the US Dollar, Saudi Riyal, UK Pound, the UAE's Dirham, and other foreign currencies in the open market.
Read more: USD to PKR and other currency rates in Pakistan on December 29
On Tuesday, the rupee ended at 160.60 to the dollar in the open market. It had finished at 160.70 in the previous trading session.
“There was dollar demand from importers in the first half. However, an improvement in the supplies from the export proceeds helped ease the depreciation pressure,” a currency dealer said.
The rupee is expected to stay stable, trading around 160 levels against the dollar at the end of this year, the dealer added.
The information has been obtained from the Forex Association of Pakistan.
Currency | Buying | Selling |
Australian Dollar | 120.50 | 122.50 |
Canadian Dollar | 123.00 | 125.50 |
Euro | 194.5 | 197.5 |
Japanese Yen | 1.55 | 1.58 |
China Yuan | 24.6 | 24.75 |
Saudi Riyal | 42.25 | 43.00 |
UAE Dirham | 43.4 | 44.1 |
UK Pound Sterling | 214 | 217 |
US Dollar | 160 | 160.6 |