Karachi, July 15, 2025 – The foreign currency exchange market in Pakistan opened on Tuesday with notable fluctuations across a variety of global currencies. These foreign exchange rates are based on the open market figures reported at the start of business today and provide a crucial snapshot of the country’s international financial position.
The US Dollar (USD), one of the most closely monitored foreign currencies, opened at Rs287.25 for buying and Rs287.65 for selling, reflecting continued pressure on the local currency amid rising demand for imports and external debt servicing. Despite relative stability in recent weeks, the foreign exchange market remains sensitive to developments in global oil prices and geopolitical tensions.
The UK Pound Sterling (GBP) saw active trading, with buying at Rs388.50 and selling at Rs393.50, while the Euro (EUR) traded at Rs336.50 buying and Rs339.50 selling, both showing mild appreciation compared to the previous week. Analysts suggest that fluctuations in foreign exchange rates are partly tied to investor sentiment following recent economic announcements by the European Central Bank.
Among the Gulf currencies, the Saudi Riyal (SAR) and UAE Dirham (AED) stood at Rs76.55 and Rs78.25 for buying respectively, and Rs77.25 and Rs79.00 for selling. These rates are particularly significant due to the large volume of remittances sent by overseas Pakistanis from Gulf countries, which directly impact Pakistan’s foreign exchange reserves.
The Canadian Dollar (CAD) was quoted at Rs210 buying and Rs215 selling, while the Australian Dollar (AUD) traded between Rs187.50 and Rs192.50. The Chinese Yuan (CNY), an increasingly important currency for Pakistan due to trade and investment links under the CPEC initiative, opened at Rs39.19 buying and Rs39.59 selling.
The foreign exchange rates also showed modest activity in Asian currencies like the Japanese Yen (JPY) at Rs1.93 buying and Rs2.03 selling, and the Thai Baht (THB) at Rs8.57 and Rs8.72 respectively.
Overall, today’s foreign exchange rates highlight a market influenced by regional economic trends, global commodity prices, and domestic fiscal pressures. As Pakistan continues to manage its balance of payments and external obligations, the foreign exchange market remains a vital indicator of the country’s financial health.