to hold liquid assets to put up with the withdrawal and payments on the part of clients due to which interest is added when it comes to currency purchase or selling. This can only be accomplished by increasing the margin on individual transactions and this is what most money exchangers/ bank do nowadays. Investors purchase high value currency and then save it in bank to keep on receiving high interest. Open Market Rates in Pakistan, an open market is basically that market of any country to which all economic players have an access to and can do the trade without the tension of extraneous constraints. Forex rates page in finance section of n is designed to provide individuals or investors who specially doing online trading in forex exchange rates in Pakistan. Though convenient, a static todays SAR rate in Bangalore essentially implies a bad deal. The word open in open market generally refers to the following characteristics of any market; The extent of competition, any sort / number of cultural constraints which might hinder the trade.
The economy of Pakistan has not been in a stable position since a long time due to which our currency continues to devalue hence leading to change in currency exchange rates. Currency, symbol, buying, selling. In Pakistan, currency can be exchanged at the following; Western Union. Before getting your currency exchanged, you ought to know the buying and selling rate of the concerned currency in the market. Similarly we get less if we sell foreign currency.