Karachi, July 18, 2025 – The foreign currency exchange market in Pakistan opened on Friday with updated buying and selling rates for major international currencies.
These foreign currency rates are based on the initial trades conducted in the open market and provide a benchmark for individuals, businesses, and financial institutions engaging in currency exchanges.
The demand for foreign currency continues to be influenced by a range of economic factors including international trade, remittances, inflationary trends, and global financial developments. As of July 18, the US Dollar (USD) is being traded at a buying rate of Rs288.3 and a selling rate of Rs288.6. The Euro (EUR), another major foreign currency, is being bought at Rs334.5 and sold at Rs338.5. The British Pound Sterling (GBP) is also showing strength, with rates of Rs386.5 for buying and Rs390.5 for selling.
Among the Gulf currencies, the Saudi Riyal (SAR) is trading between Rs76.85 and Rs77.5, while the UAE Dirham (AED) ranges from Rs78.6 to Rs79.5. The Kuwaiti Dinar (KWD), one of the highest-valued foreign currencies, is available at a buying rate of Rs931.8 and selling rate of Rs943.8. The Qatari Riyal (QAR) and Omani Riyal (OMR) are trading at Rs77.43–78.13 and Rs747.7–757.7 respectively.
From the Asia-Pacific region, the Australian Dollar (AUD) is priced at Rs186 for buying and Rs191 for selling. The Canadian Dollar (CAD) is being exchanged at Rs210.5 and Rs215.5, while the Chinese Yuan (CNY) maintains modest activity with rates of Rs39.28 to Rs39.68. The Japanese Yen (JPY) trades between Rs1.92 and Rs2.02, reflecting its traditionally lower value per unit.
South Asian currencies show relatively lower foreign exchange rates. The Indian Rupee (INR) is buying at Rs3.22 and selling at Rs3.31. Meanwhile, the Malaysian Ringgit (MYR) stands at Rs66.5–67.1.
These updated foreign currency exchange rates are significant for importers, exporters, investors, and travelers. They also serve as a key indicator for gauging the stability of the Pakistani Rupee in the global market. It is important for stakeholders to monitor fluctuations in currency rates regularly, as even minor changes in foreign currency valuations can impact trade costs and remittance inflows.