Karachi, July 8, 2025 – The currency exchange rates in Pakistan began trading with notable movements across major foreign currencies as the market opened on Tuesday.
These rates, which are determined by demand and supply in the open market, serve as an important indicator of Pakistan’s external economic standing and trade competitiveness.
Among the most closely monitored currency in the market is the US Dollar (USD), which continues to hold a strong position, with a buying rate of Rs285.50 and a selling rate of Rs286.65. The consistent stability of the Dollar reflects tight foreign exchange conditions and a demand-driven market due to imports and remittance activity.
The Euro (EUR), another major currency, was seen trading with a buying rate of Rs336 and a selling rate of Rs337.60. Meanwhile, the UK Pound Sterling (GBP) remained one of the most expensive foreign currencies, buying at Rs389 and selling at Rs390.80. These high rates indicate the ongoing pressure on the local currency, the Pakistani Rupee (PKR), especially against European and Gulf currencies.
Among regional currencies, the Indian Rupee (INR) was traded at Rs3.22 for buying and Rs3.31 for selling. The Chinese Yuan (CNY), significant for Pakistan due to increasing trade with China, maintained a stable presence with Rs39.22 buying and Rs39.62 selling rates. These currency levels highlight Pakistan’s evolving trade dynamics and reliance on neighboring economies.
The Gulf currencies also showed strong positions, with the Saudi Riyal (SAR) trading around Rs76 to Rs76.35, and the UAE Dirham (AED) exchanging between Rs77.65 and Rs78.05. These rates are crucial for millions of overseas Pakistani workers sending remittances from Gulf states.
Exchange rates can fluctuate throughout the day depending on global market developments, geopolitical events, and local economic indicators. As of today’s opening, the currency market in Pakistan reflects a steady yet cautious sentiment among traders, driven by inflation concerns, import bills, and the country’s monetary policy stance.
Market analysts advise businesses and travelers to monitor daily exchange rates closely, as even minor shifts can have a significant impact on trade costs and foreign payment obligations.