The open currency market in Pakistan witnessed considerable volatility in exchange rates on Monday, June 23, 2025, as both global economic shifts and domestic financial policies shaped the trading environment.
This ongoing fluctuation in exchange rates highlights the importance of real-time monitoring for stakeholders across multiple sectors of the economy.
Exchange rates released during Monday’s trading session offered a comprehensive look at the state of foreign currencies in the local market. The US Dollar was being bought at Rs 283.55 and sold at Rs 284.05, reflecting a steady yet cautious movement. The UK Pound Sterling followed suit with a buying rate of Rs 382.70 and a selling rate of Rs 383.37. Meanwhile, the Euro ranged from Rs 326.80 (buying) to Rs 327.38 (selling).
Other key currencies also reflected this shifting pattern in exchange rates. The Canadian Dollar was recorded at Rs 207.11 for buying and Rs 207.48 for selling, while the Australian Dollar traded between Rs 184.07 and Rs 184.39. The Chinese Yuan hovered between Rs 39.49 and Rs 39.56. Among Middle Eastern currencies, the Saudi Riyal stood at Rs 75.56 (buying) and Rs 75.70 (selling), and the UAE Dirham moved between Rs 77.22 and Rs 77.36.
Asian currencies also reflected mild changes in exchange rates. The Japanese Yen was valued between Rs 1.95 and Rs 1.96, while the Thai Baht showed minor movement between Rs 8.65 and Rs 8.66. In the European region, the Swiss Franc traded at Rs 347.33 for buying and Rs 347.95 for selling. The Danish Krone was noted at Rs 43.81 and Rs 43.89, while the Swedish Korona ranged from Rs 29.50 to Rs 29.56. The Hong Kong Dollar stood at Rs 36.12 and Rs 36.19, and the Singapore Dollar posted a buying rate of Rs 220.86 and a selling rate of Rs 221.25.
Frequent fluctuations in exchange rates have substantial implications for Pakistan’s trade, education, and tourism sectors. Financial analysts stress that in today’s interconnected world, keeping a close eye on exchange rates is no longer optional but necessary for planning and forecasting.
With uncertainties still looming in the global market, Pakistan’s economy remains deeply influenced by ever-changing exchange rates.