Monday Feb 15, 2021
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.
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.
|Australian Dollar||121.5 ||123.5|
|Saudi Riyal||42||42.5 |
|UK Pound Sterling||219||221.5|
|US Dollar||158.8||159.4 |