- The buying rate of the US dollar was Rs160.2, while its selling rate was Rs161.
- Dealers said the rupee ended a little weaker on importers’ dollar demand on Wednesday.
- The currency market will remain closed on Friday on account of Kashmir Solidarity Day.
KARACHI: The buying rate of the US dollar was Rs160.2, while its selling rate was Rs161 on Thursday, February 4 at the opening of the currency market.
Read More: US dollar sold at Rs160.1 in Pakistan on February 3
On Wednesday, dealers said the rupee ended a little weaker on importers’ dollar demand.
“General importer demand was there maybe because of the long weekend,” a foreign exchange dealer said.
The currency market will remain closed on Friday [tomorrow] on account of Kashmir Solidarity Day.
Read More: Gold sold at Rs112,650 per tola in Pakistan on Feb 4
“There was a flat day today with low volume. The rupee traded in the tight band of 160.18 to 160.25,” he added.
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 | 121.6 | 123.6 |
| Canadian Dollar | 122.1 | 124.1 |
| Euro | 192.1 | 194.1 |
| Japanese Yen | 1.55 | 1.58 |
| China Yuan | 24.9 | 25.05 |
| UAE Dirham | 43.4 | 44 |
| Saudi Riyal | 42.15 | 42.75 |
| UK Pound Sterling | 219.1 | 222.1 |
| US Dollar | 160.2 | 161 |