Karachi, April 4, 2025 – The foreign exchange market in Pakistan opened today with updated currency exchange rates reflecting the ongoing shifts in global economic conditions.
As of the morning of April 4, 2025, these exchange rates are applicable for the buying and selling of various international currencies in the open market and provide insight into the country’s financial position against the world’s major monetary units.
The currency exchange landscape is currently being shaped by multiple global and domestic developments. One of the most notable international influences is the United States’ imposition of new trade tariffs, which has disrupted international trade dynamics and contributed to fluctuations in global currency exchange rates. These tariffs are driving demand for stable foreign currencies, particularly in emerging markets like Pakistan, where dependency on imports makes exchange rate sensitivity more pronounced.
On the domestic front, the Government of Pakistan’s recent decision to reduce electricity tariffs is also influencing the market. While the reduction aims to lower production costs and ease inflation for consumers, it may affect foreign investor sentiment and alter the supply-demand dynamics of the foreign exchange market. Lower operational costs can improve the trade deficit, potentially stabilizing the exchange rates, but uncertainties remain.
Among the notable exchange rates today, the US Dollar is being bought at Rs 280.40 and sold at Rs 281.90, reflecting minor changes that align with recent global volatility. The Euro stands at Rs 301.50 for buying and Rs 304.25 for selling, while the UK Pound Sterling is priced at Rs 361.50 for buying and Rs 365.00 for selling. The Canadian Dollar, another commonly traded currency, maintains its strength with a buying rate of Rs 195.85 and a selling rate of Rs 198.25.
Meanwhile, the Saudi Riyal and UAE Dirham, which are crucial for remittance-based inflows, are being exchanged at Rs 74.35/74.90 and Rs 75.90/76.55, respectively. The Australian Dollar, Chinese Yuan, and Japanese Yen also saw slight variations, reflecting regional market trends.
These currency exchange rates, updated daily, serve as essential indicators for businesses, travelers, and investors. With continued market volatility expected, it is advisable to monitor these exchange movements closely to make informed financial decisions in Pakistan’s dynamic economic environment.