Overview
- Pakistan Observer reported open-market buying and selling quotes for major and minor currencies on October 23, sourced to forex.pk.
- The US dollar was quoted at Rs282.45 for buying and Rs282.85 for selling in Karachi’s open market.
- The euro stood at Rs331.75 for buying and Rs335.25 for selling, while the UK pound was Rs380.75 and Rs383.75 respectively.
- Several currencies showed no change from the prior update, including the Australian, Canadian and New Zealand dollars, the Chinese yuan, Danish krone, Japanese yen, Kuwaiti dinar, Malaysian ringgit and Swiss franc.
- The bulletin included a full table of rates across a wide set of currencies and noted that exchange-rate shifts influence trade prices, inflation, interest-rate dynamics and investment decisions.