CNY/JPY Price & Performance (CNYJPY)

High-level talks in Tokyo brought together China, Japan, and South Korea to address escalating trade tensions. With new U.S. tariffs looming, the nations emphasized regional cooperation and economic dialogue. Despite existing disputes, such as Japan's seafood ban and territorial issues, the urgency to stabilize trade relations dominated discussions.1

On March 22, the Pakistani rupee remained stable against major currencies in the open market. The U.S. dollar was valued at 280.5 PKR for buying, while the Euro stood at 306 PKR. Other currencies, including the British Pound and UAE Dirham, also showed no significant fluctuations.2

As the April 2 deadline for new U.S. tariffs approaches, China, Japan, and South Korea are intensifying efforts to mitigate economic repercussions. While advocating for multilateralism, the nations face challenges, including regulatory hurdles and geopolitical disputes, underscoring the fragile state of global trade.1