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Pakistan: United States Dollar Sold At Rs161.2 On Jan 21

us dollars on table
Image Source: Pexels

The US dollar buys rate was 161.2 rupees and the sell rate was 160.5 rupees on Thursday.

Forex dealers said there were no heavy payments and the dollar supply was smooth as well.

At the opening of the Pakistani currency market on Thursday, January 21, the US dollar’s buy rate was Rs160.5 and the sell rate was Rs161.2.

The Pakistani rupee is likely to remain stable or weaken slightly against the US dollar this week as demand for the hard currency from importers increases.

Read: Pakistan: Shaheen III Ballistic Missile Successful Flight Test

Dealers have said they expect the rupee to weaken slightly in coming sessions due to ongoing demand pressure.

CurrencyBuyingSelling
Australian Dollar123125
Canadian Dollar125127.5 
Euro193.5196
US Dollar160.5 161.2
Japanese Yen1.551.58 

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Muhammad Bilal

Bilal Asghar is the founder and CEO of Subrays Inc.

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