Karachi, February 3, 2025 – The latest currency exchange rates in Pakistan were recorded as the financial markets opened on Monday. The exchange rate fluctuations reflect the ongoing trends in global finance, impacting trade, remittances, and economic planning.
The value of the US dollar, a key currency in international trade, stood at 279.5 for buying and 281 for selling. The Pakistani rupee continues to experience volatility due to shifts in global currency markets, economic policies, and international trade agreements.
The British Pound Sterling (GBP) remained strong, trading at 346.5 for buying and 350 for selling. Similarly, the Euro (EUR) was valued at 289.75 for buying and 292.5 for selling. The strength of these currencies is influenced by inflation rates and economic stability in their respective regions.
In the Middle East, the Saudi Riyal (SAR) and the UAE Dirham (AED) continued to be in high demand, with rates of 74.2 and 75.85 respectively for buying. These currencies are crucial for Pakistani expatriates sending remittances back home, playing a vital role in the national economy.
Among the Asian currencies, the Chinese Yuan (CNY) traded at 37.59 for buying, and 37.99 for selling, while the Japanese Yen (JPY) stood at 1.82 and 1.88 respectively. The stability of these currencies often reflects economic trends in Asia’s leading markets.
The Canadian Dollar (CAD) and the Australian Dollar (AUD) remained competitive, with CAD trading at 193.6 for buying and 196 for selling, and AUD at 174.75 and 177 respectively. The performance of these currencies is closely tied to commodity prices and trade agreements with major economies.
Investors and businesses closely monitor currency fluctuations, as they impact import costs, export revenues, and overall economic confidence. Financial analysts suggest keeping an eye on global currency markets, as even minor shifts can have significant economic implications.
The Pakistani economy remains sensitive to changes in currency values, particularly due to foreign trade and investment trends. As inflation and interest rates continue to shape global financial landscapes, the role of currency exchange rates remains critical for economic stability and growth in Pakistan.
These currency rates are subject to change and should be verified through official financial institutions for the most accurate updates.