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  • US dollar rates in Pakistan

    US dollar rates in Pakistan File Photo US dollar rates in Pakistan

    The buying rate of the US dollar was Rs158.8, while its selling rate was Rs159.4 on Tuesday, February 16

    During Monday's trading session the rupee fell, snapping a five-session winning streak, as a sudden increase in importers’ dollar demand weighed down the domestic currency, dealers said.

    In the open market, the rupee closed lower at 159.50 against the dollar, compared with 159.20 in the previous session.

    Dealers said the local currency gave up gains, coming to 159 levels again, amid increased demand for the greenback for import payments.

    “There is a reversal in the rupee’s direction. We saw importers come to the market to buy dollars to settle their payments,” a currency dealer said.

    Read more: Rupee may strengthen further in coming 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  121.5       123.5
    Canadian Dollar   123.5       125.5
    China Yuan          24.95       25.1
    Euro                   91.5         193
    Japanese Yen       1.55        1.58
    Saudi Riyal          42            42.5
    UAE Dirham         43           43.5
    UK Pound            219          221.5
    US Doollar           158.8       159.4

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