Karachi, February 6, 2025 – The currency exchange market in Pakistan opened on Thursday, February 6, 2025, with the latest foreign exchange rates.
The Pakistani currency remains under close watch as market dynamics continue to shift amid global economic trends and local financial policies.
The US dollar, a key benchmark in the foreign exchange market, opened at 279.5 for buying and 281 for selling, reflecting minor fluctuations from the previous day. The Pakistani currency has shown relative stability against the dollar, though concerns remain regarding inflationary pressures and external debt obligations.
Meanwhile, the Euro maintained a strong position, with a buying rate of 287.25 and selling at 290. The British Pound Sterling remained high in value, trading at 346.5 for buying and 350 for selling, indicating sustained demand for the currency in Pakistan’s exchange market. The Pakistani currency continues to face challenges against major European currencies, particularly as international trade conditions evolve.
Regional currencies also saw varied movements. The Chinese Yuan traded at 37.59 for buying and 37.99 for selling, while the Indian Rupee stood at 3.12 and 3.21, respectively. The fluctuations in these regional currencies impact cross-border trade, directly affecting Pakistan’s import and export sectors. The Saudi Riyal and UAE Dirham, both widely used for remittances, stood at 74.2/74.75 and 75.9/76.55, respectively. These rates remain crucial for overseas Pakistanis sending money back home, influencing the inflow of foreign exchange reserves.
The Pakistani currency has remained under pressure due to the country’s ongoing economic challenges, including inflation and a widening current account deficit. However, efforts by the State Bank of Pakistan to stabilize the market through monetary policies have helped prevent excessive volatility. Experts suggest that the currency’s future trajectory will depend on foreign investments, trade balances, and global financial conditions.
As the financial sector closely monitors the exchange market, analysts expect further fluctuations based on international economic trends and domestic fiscal policies. The Pakistani currency continues to navigate a challenging environment, with hopes of stability depending on economic reforms and external financial support.