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Dollar rate in Pakistan today – 27 Oct 2023

Dollar slips as banking sector fears ebb

Dollar rate in Pakistan today – 27 Oct 2023

Pakistani rupee remained under pressure against US dollar, and other foreign currencies in the open market.

Pakistani rupee moved down for fourth consecutive day. PKR was quoted at 280.15 for selling and 283.05 for buying.

Euro was being traded at 296.1 for buying and 299 for selling. British pound was available in the market at 343.5 for buying, and 347 for selling.

UAE Dirham stands at 77.85 whereas the Saudi Riyal slightly moved down to 74.65 against PKR.

Dollar rate in Pakistan today – 27 Oct 2023

CurrencySymbolBuyingSelling
US Dollar‎USD280.15283.05
EuroEUR296.1299
UK Pound SterlingGBP343.5347
U.A.E DirhamAED77.8578.6
Saudi RiyalSAR74.6575.25
Australian DollarAUD175.25177
Bahrain DinarBHD743.42751.42
Canadian DollarCAD204206
China YuanCNY38.2738.67
Danish KroneDKK39.6440.04
Hong Kong DollarHKD35.6235.97
Indian RupeeINR3.363.47
Japanese YenJPY1.571.66
Kuwaiti DinarKWD903.86912.86
Malaysian RinggitMYR58.4859.08
New Zealand DollarNZD162.79164.79
Norwegians KroneNOK25.0225.32
Omani RiyalOMR726.11734.11
Qatari Riyal‎QAR76.7977.49
Singapore DollarSGD202204
Swedish KoronaSEK25.1725.47
Swiss FrancCHF312.31314.81
Thai BhatTHB7.737.88

On the other hand, in a recent report, Goldman Sachs Group Inc. has indicated that the remarkable appreciation of the Pakistani rupee against the US dollar is unlikely to be sustained due to existing financing gaps.

The Pakistani currency had experienced a significant boost, emerging as the world’s best-performing currency in September.

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