Currency rates in Pakistan: US Dollar, UK Pound, Saudi Riyal, UAE Dirham, Euro - 01 February 2019

Dunya News

US Dollar, Saudi Riyal, UK Pound, UAE Dirham rates against Pakistani rupee.

KARACHI (Dunya News) – Currency rates in open market in Pakistan according to international currencies as of 01 February 2019.

The price of 1 USD to PKR buying is Rs138.00 and selling of US Dollar is Rs138.50. British Pound (GBP) to PKR buying is Rs180.00 and selling is Rs181.00. Euro to PKR buying is Rs157.70 and selling is Rs158.50.

Saudi Riyal to PKR buying is Rs36.75 and selling is Rs36.90. UAE Dirham buying is Rs37.75 and selling is Rs37.90.

Below are (31st January and 01 February) currency rates:

Source: Exchange Companies Association of Pakistan

Dollar at interbank remained unchanged at Rs 138.23 and increased by 20 paisa in the open market to reach Rs138.50.

Earlier on Thursday, dollar at interbank and open market had declined sharply on report that the government to witness fresh investment of $14 billion from Saudi Arabia.

The main reason behind the improvement was the continuous flow of positive news from the economic front, especially the recent development that Saudi Arab to make investment commitment of $14 billion into Pakistan.

Another factor which helped boost sentiment was the government has been finalized plan of deferred payment with Saudi Arabia which would help cushion the falling reserves and weekly payments.