Karachi, November 6, 2025 – The British Pound Sterling (GBP) witnessed slight movement against the Pakistani Rupee (PKR) in the open market on Thursday.
As of 9:10 AM Pakistan Standard Time (PST), the buying rate of one Pound stood at Rs366.10, while the selling rate was recorded at Rs370.45, according to the latest currency market update.
These exchange rates fluctuate throughout the day based on market forces, including the demand and supply of foreign currencies, global economic developments, and investor sentiment. Currency dealers and commercial banks frequently adjust their buying and selling prices in response to changing market dynamics.
The buying rate refers to the price at which exchange companies or banks purchase foreign currency from customers, while the selling rate represents the amount at which they sell it back to customers. The difference between the two, often referred to as the exchange spread, is determined by market liquidity and international forex trends.
The GBP to PKR parity is driven primarily by open market conditions, not by any fixed rate mechanism set by the State Bank of Pakistan (SBP). External factors such as interest rate decisions by the Bank of England, global oil prices, and trade imbalances can influence the Pound’s strength against the Rupee.
With the UK being one of Pakistan’s significant trading and remittance partners, fluctuations in the Pound’s exchange rate directly affect import costs, education expenses abroad, and remittance values.