Currency Exchange Rates in Pakistan – January 14, 2025

Currency Exchange Rates in Pakistan – January 14, 2025

Karachi, January 14, 2025 – The latest currency exchange rates in Pakistan for Tuesday, January 14, 2025, reflect a mixed start at the open market.

Traders and businesses closely monitor these rates, as fluctuations can significantly impact international trade and the local economy.

The US Dollar currency remains the most actively traded currency, with a buying rate of 278.95 rupees and a selling rate of 280.45 rupees, indicating slight stability in the greenback’s value compared to the previous week. The Euro currency continues its strong performance, trading at a buying rate of 285.75 rupees and a selling rate of 288.50 rupees, reflecting the ongoing demand for the European currency in the market.

Meanwhile, the British Pound Sterling currency remains one of the highest-valued currencies, with a buying rate of 341.50 rupees and a selling rate of 345 rupees. This premium value underlines the pound’s resilience amid global economic uncertainties. The Kuwaiti Dinar, known for its stability and strength, continues to lead the table with a buying rate of 897.25 rupees and a selling rate of 906.75 rupees.

In the Gulf region, the Saudi Riyal and the U.A.E. Dirham are significant for Pakistan due to high remittance inflows. The Saudi Riyal is being bought at 74.05 rupees and sold at 74.60 rupees, while the U.A.E. Dirham trades at a buying rate of 75.70 rupees and a selling rate of 76.35 rupees.

Asian currencies like the Japanese Yen and Chinese Yuan also see steady activity. The Yen trades between 1.78 rupees and 1.84 rupees, while the Chinese Yuan fluctuates slightly with a buying rate of 37.97 rupees and a selling rate of 38.37 rupees.

Market analysts suggest that these rates are subject to daily variations based on geopolitical events, import/export demand, and central bank policies. With the rupee witnessing volatile trading patterns in recent months, businesses and individuals are advised to remain vigilant about potential fluctuations in the open market.

As Pakistan continues its economic reforms and addresses external account challenges, stabilizing the rupee against major currencies remains a top priority for policymakers.