Karachi, February 21, 2025 – The foreign exchange market in Pakistan continues to fluctuate as global economic trends influence the valuation of various currencies.
As of Friday, February 21, 2025, updated currency exchange rates reflect the latest buying and selling prices in the open market.
Currency traders, businesses, and travelers keep a close watch on these rates, as even minor fluctuations can impact financial transactions. The US dollar, which remains the most widely traded foreign currency in Pakistan, is being bought at 279.85 and sold at 281.35. Similarly, the British Pound Sterling stands at 351.5 for buying and 355 for selling. The Euro, another key currency, is being traded at 290.75 for buying and 293.5 for selling.
In the Gulf region’s currency segment, the Saudi Riyal is being bought at 74.3, while its selling price is 74.85. The UAE Dirham, another frequently used currency in Pakistan due to strong trade and labor ties with the UAE, is priced at 75.95 for buying and 76.6 for selling. The Kuwaiti Dinar, which holds a high exchange rate, stands at 897 for buying and 906.5 for selling.
Among other notable currencies, the Canadian Dollar is currently trading at 197.1 for buying and 199.5 for selling, while the Australian Dollar’s exchange rate stands at 178.25 and 180.5, respectively. Meanwhile, the Chinese Yuan, which is gaining importance in bilateral trade, is available for 37.59 (buying) and 37.99 (selling).
The foreign currency market in Pakistan is influenced by multiple factors, including international trade, remittances from overseas Pakistanis, and monetary policies. Changes in global economic conditions, inflation rates, and central bank interventions also affect currency exchange values. Market participants are advised to stay updated on exchange rate trends, as currency fluctuations can impact import costs, export revenues, and overall economic stability.
With the ever-evolving dynamics of the forex market, experts recommend keeping an eye on exchange rate variations before making any significant currency transactions. As the Pakistani Rupee faces pressure from external economic conditions, investors and businesses continue to monitor daily exchange rate updates closely.
