US Dollar new Market Currency Rates in pakistan

US Dollar new Market Currency Rates in pakistan

20 Aug, 2015 Open Market Currency Rates in Pakistan - Find live and updated open market currency exchange rates of US$ dollar, Euro. The following table shows major currencies buying and selling rates including converted price in Pakistani rupees. Check out for the latest open market currency exchange rates in Pakistan with the rest of the world exchange rates for instance: USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, and (Riyal – SAR) Saudi Riyal Rates, (CNY) Chinese Yuan Rates in Pakistan

KARACHI: The US currency crossed Rs104 in the open market on Wednesday, providing a premium of more than Rs2 per dollar to sellers dealing with the banks.Though the Forex Association of Pakistan (FAP) provided the closing rate of Rs103.50, a random market survey showed that the rate charged all over the city was in the range of Rs104 to Rs104.20.Currency dealers emphasised that Haj pilgrims were the biggest buyers of foreign currencies, including Saudi riyals and US dollars.Gap in the rates of open and inter-bank markets has reached Rs2

“The supply of foreign currencies has dropped sharply to about $6 million to $8m per day from $15m in June,” said FAP President Malik Bostan.

Saudi riyals had a dominant share in the foreign currencies available in the open market. These foreign currencies, other than the greenback, are exported to Dubai and an equal amount of US dollars are purchased and remitted into Pakistan.The State Bank has recently allowed currency dealers to bring dollars from Dubai directly in their accounts in Pakistan instead of surrendering dollars to a bank and then getting them within a week’s time. The step was taken on demand of currency dealers and for speedy supply of dollars in the open market.

Since maximum Saudi riyals are being consumed by pilgrims, less foreign currencies are available to sell in Dubai for buying and remitting dollars into the country.Market experts said China has a major role in creating higher demand for the US currency in the local market as Pakistan’s imports from the neighbouring country have witnessed the fastest growth in the last five years.Opening letter of credits (LCs) for imports from China is problematic since the banking relations with the country have yet to improve

 Dollar  Market Currency Rates in pakistan

Currency	Symbol	Buying	Selling
U.S. Dollar	USD	103.70	103.95
Euro	EUR	114.50	114.75
British Pound	GBP	161.60	161.85
UAE Dirham	AED	28.10	28.35
Saudi Riyal	SAR	27.40	27.65
Kuwaiti Dinar	KWD	336.35	336.60
Canadian Dollar	CAD	78.75	79.00
Australian Dollar	AUD	75.50	76.00
Omani Riyal	OMR	264.35	264.60
Japanese Yen	JPY	0.81	0.82
Malaysian Ringgit	MYR	24.50	24.75
Qatari Riyal	QAR	27.75	28.00
Bahrain Dinar	BHD	269.80	270.05
Thai Bhat	THB	2.85	2.86
Chinese Yuan	CNY	15.75	15.90
Hong Kong Dollar	HKD	13.05	13.15
Danish Krone	DKK	15.00	15.10
New Zealand Dollar	NZD	67.00	67.25
Singapore Dollar	SGD	73.00	73.25
Norwegians Krone	NOK	12.25	12.35
Swedish Krona	SEK	11.85	11.95
Swiss Franc	CHF	104.75	105.00
Indian Rupee	INR	1.55	1.56

Open Market US$ Dollar Rates Live 2015 - zonfixblogspot.com is one stop place for the information of currency exchange rates in Pakistan that encompasses open market currency rates, interbank currency rates , and international forex rates with the currency symbol of respective countries. You can access and can be viewed online updated list of open market currency exchange rates of all the major currencies in Pakistan. 

also sends free open market currency buying and selling exchange rates on daily basis through Twitter SMS Alerts Services on mobile phone for subscribers. Check out for the latest open market currency exchange rates in Pakistan with the rest of the world exchange rates for instance: USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, and (Riyal – SAR) Saudi Riyal Rates, (CNY) Chinese Yuan Rates in Pakistan.

The currency exchange rate page offers you the list of fresh open market currency rate in Pakistan originated from various public authentic sources updated live regularly. We possess the authority to change the sources anytime prior notice. We strive to provide accurate information but do not guarantee anything. The currency exchange rates provided by the financial institutions might differ significantly from ours and can vary on geographical basis. This is also very useful for Urdu lovers living in UK, USA, America, India, saudi arabia and Canada.