According to the State Bank of Pakistan, the value of the US dollar in the interbank market fell by one paisa.
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Previous rate: Rs279.72
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New closing rate: Rs279.71
Although the change is marginal, it reflects continued stability in the exchange rate.
Open Market Dollar Rate Update
In the open market, the dollar also declined by one paisa, bringing its new price to Rs280.75.
Euro, Pound, Dirham, and Riyal Rates Today
Other major currencies showed mixed trends:
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Euro decreased by 78 paisa to Rs333.10
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British Pound dropped by Rs3.58 to Rs383.45
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UAE Dirham increased by 5 paisa to Rs77.25
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Saudi Riyal increased by 4 paisa to Rs75.41
Why These Changes Matter
Even small movements in currency rates affect:
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Import and export costs
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Overseas remittances
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Inflation and consumer prices
Traders and businesses closely monitor these fluctuations for future planning.
Final Thoughts
The slight drop in the dollar rate suggests a stable outlook for Pakistan’s currency market. However, global economic conditions and local financial policies will continue to influence exchange rates in the coming days.
