- The buying rate of the United States dollar is Rs160.2, while its selling rate is Rs161.
- Traders said the currency ended slightly weakened in importers’ dollar demand on Wednesday.
- The financial market will stay shut on Friday due to Kashmir Solidarity Day.
The United States dollar depreciation rate was Rs160.2, and its selling price was Rs161 on Thursday, February 4 when the financial market opened.[KARACHI]
On Wednesday, dealers said the rupee was weakened slightly due to the importer’s demand for the dollar.
“Normal import came in probably because of a long weekend,” said the foreign exchange trader.
The financial market will stay shut on Friday [tomorrow] for Kashmir Solidarity Day.
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He added: “There was a day going sideways with low volume today. The rupee traded in a tight range from 160.18 to 160.25 ”.
In the interim, the following are the US Dollar, Saudi Riyal, UK Pound, UAE Dirham, and other open market currencies.
The information has been obtained from the Pakistan Foreign Exchange Association.
| Currency | Buying | Selling |
| Australian Dollar | 121.6 | 123.6 |
| Canadian Dollar | 122.1 | 124.1 |
| Euro | 192.1 | 194.1 |
| Japanese Yen | 1.55 | 1.58 |
| China Yuan | 24.9 | 25.05 |
| UAE Dirham | 43.4 | 44 |
| Saudi Riyal | 42.15 | 42.75 |
| UK Pound Sterling | 219.1 | 222.1 |
| US Dollar | 160.2 | 161 |
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