Karachi, January 11, 2025 – The latest currency exchange rates for Saturday have been announced, reflecting trading values in the open market. The exchange rates continue to influence the economic landscape, providing insight into market trends and trading dynamics in Pakistan.
The US Dollar (USD) currency remains a key player in the market, with its buying rate recorded at 278.75 PKR and selling rate at 280.25 PKR. As a major benchmark currency, its slight fluctuations often set the tone for the performance of other currencies in the market.
The Euro (EUR) continues to trade at high levels, with a buying rate of 288.75 PKR and a selling rate of 291.50 PKR. This stability indicates the growing economic ties between Pakistan and European nations, particularly in trade and investment.
In regional currencies, the Chinese Yuan (CNY) remains a point of focus, given Pakistan’s increasing trade with China under the China-Pakistan Economic Corridor (CPEC). The Yuan is being bought at 37.97 PKR and sold at 38.37 PKR. Meanwhile, the Indian Rupee (INR), a neighboring competitor, is trading at 3.19 PKR for buying and 3.28 PKR for selling.
The Gulf currencies also showcase notable strength, with the Kuwaiti Dinar (KWD) being the highest-valued currency in the Pakistani market at 896.65 PKR for buying and 906.15 PKR for selling. Similarly, the Saudi Riyal (SAR) and UAE Dirham (AED) continue to be critical for trade and remittances, with buying rates of 74 PKR and 75.65 PKR, respectively, and selling rates of 74.55 PKR and 76.30 PKR.
Among Asian currencies, the Japanese Yen (JPY) remains competitive at 1.77 PKR for buying and 1.83 PKR for selling. The steady demand for the Yen reflects its importance in trade and technological imports.
As the market progresses, currency fluctuations will continue to impact Pakistan’s import and export activities, foreign debt servicing, and inflation rates. Traders and businesses are advised to monitor these rates closely to optimize their financial strategies.
The exchange rates are subject to change throughout the day based on market activity, international events, and economic policies, making real-time updates crucial for stakeholders in the financial sector.