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  • US dollar rate against Pakistani rupee, Feb 22

    US dollar rate against Pakistani rupee File Photo US dollar rate against Pakistani rupee

    The buying rate of the US dollar was Rs159, while its selling rate was Rs159.7 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

    However, a declining trend in foreign exchange reserves might have a negative impact on the market sentiment.

    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        122.5                125
    Canadian Dollar         125                   127
    Euro                         191                   193
    Saudi Riyal                42.4                  43
    Japanese Yen            1.55                  1.58
    China Yuan               24.95                 25.1
    UAE Dirham              43.5                   44
    UK Pound Sterling     20.5                   223.5
    US Dollar                 159                    159.7

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