US dollar rate against Pakistani rupee on Feb 22

By
Web Desk
A representative image of forex trading.

KARACHI: The buying rate of the US dollar was Rs158.9, while its selling rate was Rs159.6 on Monday, February 22 in the open market.

With increased inflows from the Pakistani diaspora to the Roshan Digital Account (RDA) and export proceeds, the Pakistani rupee is expected to remain firm this week, The News reported.

However, a declining trend in foreign exchange reserves might have a negative impact on the market sentiment.

Read more: Currency update: Pakistani rupee to remain firm this 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 Dollar124.5
126
Canadian Dollar124.5
126.5
Euro191.5193.5
Saudi Riyal42.1542.75
Japanese Yen1.551.58
China Yuan24.95
25.1
UAE Dirham43.2
43.7
UK Pound Sterling221.5 
224
US Dollar158.9159.6