Latest currency exchange rates in Pakistan – May 2, 2025

Latest currency exchange rates in Pakistan – May 2, 2025

Karachi, May 2, 2025 – The latest currency exchange rates in Pakistan for Friday reflect trends in the global market as local traders resumed activity at the beginning of the business day.

These exchange rates, sourced from the open market, are a key indicator for importers, exporters, and remittance senders who closely monitor the fluctuations of major currencies against the Pakistani Rupee (PKR).

The latest exchange rates show that the US Dollar (USD), the most widely traded foreign currency in Pakistan, is being bought at Rs. 281.40 and sold at Rs. 282.90. The stability or movement of the dollar continues to influence the broader economic sentiment, particularly with regard to foreign trade and inflationary pressure.

The British Pound Sterling (GBP) is currently being bought at Rs. 376.60 and sold at Rs. 380.10, while the Euro (EUR) is trading at Rs. 319.05 (buying) and Rs. 321.80 (selling). These currency exchange rates are crucial for those dealing with transactions in Europe and the United Kingdom, particularly amid evolving economic conditions.

From the Middle East, the Saudi Riyal (SAR) is being bought at Rs. 75.00 and sold at Rs. 75.55, and the UAE Dirham (AED) is available at Rs. 76.60 (buying) and Rs. 77.25 (selling). These exchange rates are particularly significant for overseas workers remitting money from Gulf countries.

Other notable currency exchange rates include the Canadian Dollar (CAD) at Rs. 204.60 (buying) and Rs. 207.00 (selling), and the Australian Dollar (AUD) at Rs. 180.25 (buying) and Rs. 183.50 (selling). The Chinese Yuan (CNY) stands at Rs. 37.59 for buying and Rs. 37.99 for selling, reflecting continued trade activity between Pakistan and China.

These latest currency rates provide valuable insight into the forex market, especially for businesses that rely on international transactions. Regular updates on the currency exchange rates help individuals and corporations make informed decisions regarding imports, exports, and investment planning.

It is important to note that these rates can vary slightly depending on location and financial institutions. Market participants are advised to confirm with their local exchange dealers for the most accurate figures before making any transactions.