KARACHI: The foreign currency exchange rates in Pakistan opened with slight fluctuations on Tuesday, April 22, 2025, reflecting movements in global financial markets and domestic demand for various currencies.
These rates are applicable in the open market and are subject to change throughout the day based on supply, demand, and international market trends.
As of Tuesday morning, the foreign currency exchange rates showed that the US Dollar (USD) was being bought at PKR 280.90 and sold at PKR 282.40. The greenback remained steady, supported by moderate foreign inflows and a relatively balanced demand from importers and travelers.
Among other major foreign currencies, the Euro (EUR) was trading at PKR 322.65 for buying and PKR 325.40 for selling. The UK Pound Sterling (GBP) saw higher rates at PKR 374.90 (buying) and PKR 378.40 (selling), reflecting the continued strength of the British currency amid recent global economic updates.
The Canadian Dollar (CAD) was quoted at PKR 202.85 for buying and PKR 205.25 for selling, while the Australian Dollar (AUD) opened at PKR 180.75 for buying and PKR 183.00 for selling. These currency rates show slight increases compared to the previous day, mostly due to stronger trade demand and slight appreciation in the global markets.
In the Middle Eastern region, the Saudi Riyal (SAR) was trading at PKR 74.90 (buying) and PKR 75.45 (selling), while the UAE Dirham (AED) was quoted at PKR 76.35 (buying) and PKR 77.20 (selling). The Kuwaiti Dinar (KWD) and Omani Riyal (OMR) continued to be among the highest-valued foreign currencies, with buying rates at PKR 905.20 and PKR 723.79 respectively.
Smaller currencies like the Japanese Yen (JPY) stood at PKR 2.00 (buying) and PKR 2.06 (selling), reflecting its consistent valuation trend in the Pakistani market.
Foreign exchange dealers in Karachi reported that demand for foreign currency remained stable, primarily driven by business transactions, overseas travel needs, and educational payments abroad. As always, fluctuations in currency rates depend heavily on international economic indicators, trade balances, and geopolitical developments.
Traders and travelers are advised to keep an eye on daily updates, as foreign currency exchange rates may vary throughout the trading day in response to global market changes and local economic factors.