Karachi, February 4, 2025 – The currency exchange rates in Pakistan have opened the trade on Tuesday with some notable fluctuations in the market.
As of today, the value of the Pakistani Rupee (PKR) has shown mixed results against several major international currencies. These rates reflect the buying and selling prices observed at the open market, providing a snapshot of the economic environment as the country enters the new month.
The US Dollar (USD) remains one of the most watched currencies, with the buying rate standing at PKR 279.6 and the selling rate at PKR 281.1. The strength of the US Dollar continues to play a key role in the overall currency exchange trends in Pakistan. The Euro (EUR) has seen a slight increase in value, with the buying rate at PKR 286.25 and the selling rate at PKR 289, signaling a strong demand for the European currency.
The British Pound (GBP) has also experienced a steady performance, trading at a buying rate of PKR 344 and a selling rate of PKR 347.5. Similarly, the Australian Dollar (AUD) remains slightly elevated, with the buying rate at PKR 172.75 and the selling rate at PKR 175. This reflects ongoing international trade dynamics, with a sustained interest in these currencies from local businesses and investors.
In the Middle East, the Saudi Riyal (SAR) is trading at PKR 74.2 for buying and PKR 74.75 for selling, showing relatively stable fluctuations. The Kuwaiti Dinar (KWD) remains one of the highest-valued currencies in Pakistan, with a buying rate of PKR 899.2 and a selling rate of PKR 908.7. This high valuation can be attributed to the overall strength of the Kuwaiti economy and its position in the global market.
The Indian Rupee (INR) continues to show a weaker position, trading at a buying rate of PKR 3.14 and a selling rate of PKR 3.23. As neighboring India is Pakistan’s largest trading partner, the exchange rate between the two countries often sees notable variations due to political and economic events.
Additionally, the Chinese Yuan (CNY) has been relatively stable, with the buying rate at PKR 37.59 and the selling rate at PKR 37.99. The Chinese economy’s growth continues to influence global trade, with the Yuan’s exchange rate affecting a range of imports and exports.
Other currencies such as the Canadian Dollar (CAD), Singapore Dollar (SGD), and Omani Riyal (OMR) also reflect modest fluctuations in line with global currency movements. As the global market adjusts, the Pakistani currency exchange rates remain subject to fluctuations in the coming days.
These currency trends highlight the dynamic nature of Pakistan’s currency market, which continues to be influenced by both domestic factors and global economic developments. Traders and businesses will be watching closely for any major shifts in the coming weeks.