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Forex Rates in Pakistan: Analyzing Exchange Rates on December 19, 2023

As of December 19, 2023, the foreign exchange (forex) rate in Pakistan witnessed fluctuations influenced by various economic factors. The exchange rate is a crucial economic indicator that reflects the value of the Pakistani rupee against other major currencies. The forex market is dynamic and can be influenced by factors such as economic data, geopolitical events, and monetary policy decisions.

Gold rate in Dubai, UAE on December 19, 2023

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Traders, investors, and businesses closely monitor these rates as they impact the cost of imports, exports, and overall economic stability. Detailed information on the specific rates against major currencies like the US Dollar, Euro, or British Pound would be required to provide a more comprehensive analysis of the forex scenario in Pakistan on that specific date.

OPEN MARKET FOREX RATES Updated at: 19/12/2023 9:56 AM (PST)

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 Australian Dollar188190
 Bahrain Dinar753.27761.27
 Canadian Dollar210212
 China Yuan39.8240.22
 Danish Krone41.441.8
 Euro309312
 Hong Kong Dollar36.336.65
 Indian Rupee3.413.52
 Japanese Yen1.391.45
 Kuwaiti Dinar918.46927.46
 Malaysian Ringgit60.6661.26
 NewZealand $175.83177.83
 Norwegians Krone26.9827.28
 Omani Riyal735.66743.66
 Qatari Riyal77.8178.51
 Saudi Riyal75.576.2
 Singapore Dollar210.5212.5
 Swedish Korona27.5627.86
 Swiss Franc325.79328.29
 Thai Bhat8.128.27
 U.A.E Dirham77.878.5
 UK Pound Sterling359.5363
 US Dollar283.3286.1
Source: forex .com. pk

It’s important to note that forex rates are subject to constant changes, and various factors contribute to their volatility. Central banks, economic indicators, political events, and global market dynamics play crucial roles in shaping the forex landscape. For the most accurate and up-to-date information on forex rates in Pakistan on December 19, 2023, individuals and businesses should refer to reputable financial news sources or consult with official financial institutions.

Gold Price in Pakistan Hits PKR 18,273.60 per Gram on December 18, 2023

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