The open currency market in Pakistan continued to display significant volatility in exchange rates on Tuesday, June 24, 2025, driven by a combination of international economic movements and domestic fiscal dynamics.
As traders and consumers alike navigate these turbulent financial waters, the importance of monitoring exchange rates in real time becomes increasingly evident. The Pakistani rupee showed mixed performance against major global currencies, affecting importers, exporters, overseas students, and travelers.
On Tuesday, the US dollar was being bought at Rs. 283.60 and sold at Rs. 284.10, reflecting a marginal fluctuation. The UK Pound Sterling traded between Rs. 380.53 (buying) and Rs. 381.20 (selling), while the Euro moved within the range of Rs. 325.96 to Rs. 326.54. The Canadian Dollar saw rates of Rs. 206.04 for buying and Rs. 206.41 for selling, and the Australian Dollar stood at Rs. 181.57 and Rs. 181.89, respectively.
In the Asian currency space, the Japanese Yen hovered between Rs. 1.93 and Rs. 1.94, the Chinese Yuan was quoted from Rs. 39.46 to Rs. 39.53, and the Saudi Riyal ranged from Rs. 75.58 to Rs. 75.71. Meanwhile, the UAE Dirham recorded buying and selling rates of Rs. 77.76 and Rs. 77.90, respectively.
Other key currencies included the Singapore Dollar at Rs. 219.72 (buying) and Rs. 220.10 (selling), the Swiss Franc from Rs. 346.84 to Rs. 347.45, and the Swedish Korona between Rs. 29.39 and Rs. 29.44. The Thai Bhat remained steady at Rs. 8.59 for buying and Rs. 8.61 for selling, while the Danish Krone traded between Rs. 43.70 and Rs. 43.78. The Hong Kong Dollar saw movement from Rs. 36.13 to Rs. 36.19.
Experts warn that such frequent shifts in exchange rates can create challenges for budgeting and long-term economic planning. Whether it’s importers gauging costs, students calculating foreign tuition, or tourists budgeting for travel, fluctuations in exchange rates have wide-reaching impacts.
As the global financial climate remains uncertain, analysts suggest that Pakistan’s economy will continue to feel the ripple effects of volatile exchange rates, further emphasizing the need for businesses and individuals to remain informed. In an interconnected world, the monitoring of exchange rates is no longer just advisable—it is essential for resilience and adaptation.