Karachi, November 4, 2025 – The Euro (EUR) traded firm against the Pakistani Rupee (PKR) in the open currency market on Tuesday, reflecting consistent foreign exchange activity and stable investor sentiment in global markets.
As of 9:05 AM (Pakistan Standard Time), the buying rate of one Euro was recorded at Rs 323.93, while the selling rate stood at Rs 327.51, according to open market currency dealers.
These rates are subject to change throughout the trading day, depending on market demand, global currency trends, and local economic factors. Exchange companies and banks may offer slightly varying rates based on transaction size and availability of foreign reserves.
The buying rate represents the price at which banks or exchange companies purchase Euros from customers, while the selling rate is the price at which they sell Euros to individuals or businesses looking to buy foreign currency.
The EUR/PKR exchange rate is determined by open market dynamics, primarily driven by foreign trade, remittance inflows, international interest rates, and investor confidence. Seasonal demand for Euros also increases due to travel, education, and business-related remittances to and from Europe.
Experts say that the Pakistani Rupee’s current movement against the Euro mirrors the overall global strength of the European currency amid expectations of monetary policy adjustments by the European Central Bank (ECB). However, fluctuations may continue based on Pakistan’s import bills, forex reserves, and balance-of-payments position.
