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Monday Feb 15 2021
By
Web Desk

US dollar sold at Rs159.4 on February 15

By
Web Desk
The buying rate of the US dollar was Rs158.8, while its selling rate was Rs159.4. — STOCKIMAGE

KARACHI: The buying rate of the US dollar was Rs158.8, while its selling rate was Rs159.4 on Monday, February 15.

Due to a number of economic factors, the Pakistani rupee is expected to strengthen marginally against the greenback this week.

The factors which are expected to strengthen the rupee include increased inflows from remittances under the Roshan Digital Account (RDA) and investments coming into the bonds and thin dollar demand from importers.

Read more: Currency update: Rupee may strengthen further in coming week

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 Dollar121.5 
123.5
Canadian Dollar123.5
125.5
Euro191.5
193
Saudi Riyal42
42.5 
Japanese Yen1.55
1.58
China Yuan24.95
25.1
UAE Dirham43
43.5
UK Pound Sterling219
221.5
US Dollar158.8
159.4