Karachi, May 7, 2025 – The latest update on currency exchange rates in Pakistan reveals the figures at the start of trading hours on Wednesday, May 7.
As global markets remain volatile and foreign exchange activity continues to fluctuate, today’s currency values reflect both international pressures and domestic economic conditions.
As per data from the open market, the latest exchange rates show that the US Dollar (USD) is being traded at a buying rate of Rs. 281.65 and a selling rate of Rs. 283.15. This marginal fluctuation indicates continued demand for the greenback, particularly from importers and businesses involved in foreign trade. The British Pound (GBP) is showing a relatively strong position with rates hovering between Rs. 374.60 (buying) and Rs. 378.10 (selling), suggesting higher conversion demand from overseas Pakistanis and corporate clients.
The Euro (EUR), another major currency used for international transactions, opened with a buying rate of Rs. 319.05 and a selling rate of Rs. 321.80. Regional exchange rates also display notable activity. The Saudi Riyal (SAR) and UAE Dirham (AED), both widely used by Pakistani expatriates in the Middle East for remittances, are being traded at Rs. 74.95–75.50 and Rs. 76.60–77.25 respectively.
Asian currency exchange movements show moderate variations. The Chinese Yuan (CNY) began trading between Rs. 37.59 and Rs. 37.99, while the Japanese Yen (JPY) opened at Rs. 1.97 (buying) and Rs. 2.03 (selling). The Indian Rupee (INR) is maintaining its narrow band at Rs. 3.23 to Rs. 3.32.
Among the stronger Gulf currencies, the Kuwaiti Dinar (KWD) remains the most valuable in the open market, with a buying rate of Rs. 907.80 and a selling rate of Rs. 917.30. Similarly, the Omani Riyal (OMR) is trading between Rs. 728.85 and Rs. 737.35.
These latest currency exchange rates are crucial for travelers, importers, exporters, and remittance recipients. Regular updates help businesses and individuals make informed decisions regarding foreign currency transactions and conversions.
For anyone planning financial activity involving foreign currencies, staying updated with the latest exchange rates is essential, as market dynamics can shift rapidly due to economic policies, global trends, and geopolitical developments.