Overview

• On September 24, open-market quotes showed the US dollar at Rs282.15 (buy) and Rs282.55 (sell), according to forex.pk.
• The euro was listed at Rs332.5/336 and the UK pound at Rs381/386 in the same snapshot.
• The Saudi riyal stood at Rs75.15/76.15 and the UAE dirham at Rs76.85/77.85, per a currency portal cited by Pakistan Observer.
• A day earlier, the pound was quoted at Rs379.43/380.43 by the Forex Association of Pakistan, indicating a short-term shift in cross rates.
• SBP reported $3.1 billion in August workers’ remittances, up 6.6% year on year, with $6.4 billion in inflows across the first two fiscal months led by Saudi Arabia ($736.7m), the UAE ($642.9m), the UK ($463.4m) and the US ($267.3m).