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Pakistan Open-Market Rates: Rupee Mixed Against Major Currencies on Nov. 8

State Bank postings show lower interbank spot levels with upward one‑year forwards, underscoring that official guidance differs from retail quotes.

Overview

  • In the open market, the US dollar was quoted at Rs282.45 for buying and Rs282.90 for selling, according to forex.pk data republished by Pakistan Observer.
  • The euro stood at Rs331.2 buying and Rs335.7 selling, while the UK pound was at Rs381.35 and Rs384.35, reflecting uneven moves across majors.
  • Pakistan Observer noted no change versus the prior update for several currencies, including AUD, CAD, CNY, DKK, JPY, KWD, MYR, NZD and CHF.
  • Separately, SBP’s latest mark‑to‑market schedule showed interbank spot levels of 280.8228 for USD, 324.0274 for EUR and 368.5659 for GBP, with one‑year forwards at 293.1168, 343.9621 and 384.3190 respectively.
  • The central bank said these M2M and forward rates guide authorized dealers’ book revaluation and offer a view of pricing distinct from retail cash quotes.