Pakistan’s currency counters opened the day by publishing fresh exchange rates for a basket of key global currencies, giving importers, exporters, and travelers an early gauge of the rupee’s trajectory.
According to the latest exchange rates, the Australian dollar traded at Rs186.07 for buying and Rs186.40 for selling, while the Canadian dollar hovered at Rs207.83 and Rs208.19, respectively. China’s yuan was posted at Rs39.59 on the bid and Rs39.66 on the offer, and Denmark’s krone circulated between Rs44.72 and Rs44.80.
The euro, a pivotal benchmark for trade with the European Union, opened at Rs333.67 for buying and Rs334.25 for selling, whereas the Hong Kong dollar changed hands at Rs36.22 and Rs36.29. Among Asian units, the Japanese yen slipped to Rs1.94 on the buying side and Rs1.95 on the selling side. The Saudi riyal—vital for remittances from the Gulf—was quoted at Rs75.82 and Rs75.95, while the Singapore dollar fetched Rs222.20 for buyers and Rs222.59 for sellers. Sweden’s krona settled at Rs29.93 and Rs29.99, and the Swiss franc commanded a sturdy Rs358.12 for buying against Rs358.75 for selling.
Turning to regional neighbors, the Thai baht was noted at Rs8.72 for buyers and Rs8.73 for sellers. The UAE dirham, another Gulf staple, stood at Rs77.44 and Rs77.57. Across the Atlantic, the British pound sterling remained strong at Rs386.85 on the bid and Rs387.53 on the ask. Finally, the all‑important US dollar—the most watched of all exchange rates—was printed at Rs284.35 for buying and Rs284.85 for selling.
These exchange rates matter far beyond the trading floor. They help calculate the landed cost of imported fuel and machinery, dictate the price competitiveness of Pakistani textiles in Europe, and set the rupee value of overseas workers’ remittances.
Because exchange rates shift with every tremor in global risk sentiment, currency strategists urge businesses to hedge exposures wherever feasible. Analysts anticipate that exchange rates will remain volatile in coming sessions as investors digest mixed signals on US inflation, oil prices, and regional geopolitics.
With Friday’s snapshot now logged, market participants will monitor intraday moves for any sudden swings. For households planning summer vacations or students budgeting foreign tuition, real‑time updates on exchange rates can mean the difference between savings and sticker shock.
In an increasingly interconnected economy, keeping a vigilant eye on exchange rates is no longer optional—it is an essential pillar of prudent financial planning.