February 22, 2021
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.
Currency | Buying | Selling |
Australian Dollar | 124.5 | 126 |
Canadian Dollar | 124.5 | 126.5 |
Euro | 191.5 | 193.5 |
Saudi Riyal | 42.15 | 42.75 |
Japanese Yen | 1.55 | 1.58 |
China Yuan | 24.95 | 25.1 |
UAE Dirham | 43.2 | 43.7 |
UK Pound Sterling | 221.5 | 224 |
US Dollar | 158.9 | 159.6 |