KARACHI – On Tuesday, August 12, 2025, the exchange rate of the UK Pound Sterling (GBP) against the Pakistani Rupee (PKR) in the open market was Rs 381.37 for buying and Rs 383.64 for selling.
These figures, updated at 9:00 AM Pakistan Standard Time (PST), can fluctuate during the day depending on foreign exchange market activity, currency demand, and global economic trends.
The buying rate refers to the price an exchange company or bank offers when purchasing foreign currency from a customer, while the selling rate is the price at which they sell it. The difference between these two rates—commonly known as the margin—helps cover market risks, operational costs, and exchange rate volatility.
The Pound holds a prominent position in Pakistan’s forex market due to trade relations with the United Kingdom, remittances from the large Pakistani diaspora in Britain, and demand from travelers, students, and importers. Seasonal variations, changes in the Bank of England’s monetary policy, and shifts in global economic conditions can significantly impact the Pound’s value against the PKR.
The Pound/PKR parity in the open market is influenced by supply and demand dynamics, remittance flows, and international currency trends. Market participants are advised to check updated Pound rates before making any currency transactions to ensure they get the most competitive value.