Karachi, January 10, 2025 – The currency exchange rates in Pakistan on Friday, January 10, 2025, showcased a dynamic trend as trading commenced in the open market. The exchange rates are indicative of the relative strength of the Pakistani Rupee against various foreign currencies and are closely monitored by businesses and individuals involved in international trade and remittances.
The US Dollar, a key currency for global trade, was being bought at Rs. 278.75 and sold at Rs. 280.25, reflecting its stable position in the Pakistani open market. The UK Pound Sterling stood strong with a buying rate of Rs. 348.5 and a selling rate of Rs. 352, continuing its significant value against the rupee.
Among the regional currencies, the Indian Rupee exhibited modest figures, with a buying rate of Rs. 3.19 and a selling rate of Rs. 3.28. Similarly, the Chinese Yuan was traded at Rs. 37.97 for buying and Rs. 38.37 for selling, reflecting China’s economic influence in the region.
For Gulf currencies, the Saudi Riyal remained steady with a buying rate of Rs. 74 and a selling rate of Rs. 74.55, while the UAE Dirham showed slightly higher figures at Rs. 75.65 for buying and Rs. 76.3 for selling. The Kuwaiti Dinar, known for being one of the highest-valued currencies, stood at Rs. 896.05 for buying and Rs. 905.55 for selling, maintaining its premium status.
In the European currency market, the Euro held a buying rate of Rs. 289.5 and a selling rate of Rs. 292.25, while the Swiss Franc displayed robust figures at Rs. 303.71 for buying and Rs. 306.51 for selling.
The Australian Dollar and Canadian Dollar also played a notable role, with buying rates of Rs. 174.25 and Rs. 195.1, and selling rates of Rs. 176.5 and Rs. 197.5, respectively. The New Zealand Dollar trailed behind slightly with a buying rate of Rs. 154.13 and a selling rate of Rs. 156.13.
These rates reflect the fluctuating dynamics of the global currency market. Traders, travelers, and remittance senders should keep a close eye on these rates to make informed decisions. The open market remains a critical benchmark for currency valuations in Pakistan.