PKR Holds Ground Against Dollar
Pakistan Rupee had been under immense pressure for the last few months since the COVID-19 pandemic is around, however, the Rupee now holds ground against USD and shows some stability. The buying rate of the US dollar was Rs159.2 while its selling rate was Rs160.2 in Pakistan’s currency market on Tuesday morning, December 1.
Meanwhile, the following rates were recorded of the US Dollar, Saudi Riyal, UK Pound Sterling, the UAE’s Dirham, and other foreign currencies in the open market today.
The information on buying selling rates has been obtained from the Forex Association of Pakistan.
| Currency | Buying | Selling |
| Australian Dollar | 115.5 | 118 |
| Canadian Dollar | 120.5 | 123.5 |
| Chinese Yaun | 24.25 | 24.4 |
| Euro | 188.5 | 191.5 |
| Japanese Yen | 1.55 | 1.58 |
| Saudi Riyal | 41.9 | 42.7 |
| UAE Dirham | 43.29 | 43.6 |
| UK Pound Sterling | 210 | 213 |
| US Dollar | 159.2 | 160.2 |