The Pakistani rupee has weakened against the US dollar in the interbank market. On July 6, 2024, the exchange rate for one US dollar against Pakistani rupees was recorded at Rs280 in the local and open market, with a selling rate of Rs280.75. This represents a depreciation of the rupee compared to the previous rate of Rs278.30. The foreign and local exchange rates for other currencies in Pakistan's open market are as follows: UK Pound Sterling - buying rate: Rs350.5, selling rate: Rs353.5; UAE Dirham - buying rate: Rs75.05; Saudi Riyal - buying rate: Rs73.2, selling rate: Rs182.2; Bahrain Dinar - buying rate: Rs740.22, selling rate: Rs748.22; Danish Krone - buying rate: Rs38.29, selling rate: Rs38.69; Hong Kong Dollar - buying rate: Rs35.63, selling rate: Rs35.98; Indian Rupee - buying rate: Rs3.34, selling rate: Rs3.44; Japanese Yen - buying rate: Rs1.9, selling rate: Rs1.98; Kuwaiti Dinar - buying rate: Rs907.71, selling rate: Rs916.71; Malaysian Ringgit - buying rate: Rs58.99, selling rate: Rs59.59; New Zealand Dollar - buying rate: Rs26.14, selling rate: Rs26.44; Norwegian Krone - buying rate: Rs26.14, selling rate: Rs26.44; Omani Riyal - buying rate: Rs722.87, selling rate: Rs730.89; Qatari Riyal - buying rate: Rs26.57; Swiss Franc - buying rate: Rs311.51; Thai Bhat - buying rate: Rs7.55, selling rate: Rs7.7. The forex rates are subject to change based on market forces and foreign currency demands, although they are updated at 09:00 AM on Pakistan Standard Time (PST). [4cd7b5d1]