Can't connect right now! retry
business
Friday Jan 22 2021
By
Web Desk

Currency update: US dollar rate in Pakistan on January 22

By
Web Desk

  • The buying rate of the US dollar was Rs160.6, while its selling rate was Rs161.3
  • A foreign exchange dealer said that rupee made gain due to mild demand, amid insignificant payments.
  • Traders didn’t react negatively to the current account deficit in December


KARACHI: The buying rate of the US dollar was Rs160.6, while its selling rate was Rs161.3 on Friday, January 22.

On Thursday the rupee ended slightly weaker at 160.75 against the dollar in the open market. It had finished at 160.70 in the previous session. 

“The rupee continued to post gains in the last two sessions due to mild demand, amid insignificant payments,” a currency dealer said.

“Some dollar selling by exporters also supported the rupee during the trade.” Traders didn’t react negatively to the current account deficit in December.

Read more: US dollar rates in Pakistan on Jan 21

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.

The information has been obtained from the Forex Association of Pakistan.

CurrencyBuyingSelling
Australian Dollar122.5124.5
Canadian Dollar124.5127
China Yuan24.925.05
Euro193.5195.5
Japanese Yen1.551.58
Saudi Riyal42.643.1
UAE Dirham43.744.2
UK Pound Sterling219222
US Dollar160.6161.3