Today, the open market foreign currency exchange rates in Pakistan, as of 9:00 AM (Pakistan Standard Time), reflect the latest values of international currencies against the Pakistani Rupee (PKR). These rates are crucial for individuals and businesses engaged in travel, remittances, or international trade, as well as for those involved in investment and currency exchange operations.
The US Dollar (USD), a major benchmark in the foreign currency market, is being bought at PKR 285.00 and sold at PKR 288.00. The strength of the dollar continues to influence the movement of other global currencies and remains a vital indicator of Pakistan’s external financial dealings. Similarly, Gulf currencies such as the Saudi Riyal (SAR) and the UAE Dirham (AED) are trading at PKR 76.00 and PKR 78.80 on the buying side, and PKR 76.70 and PKR 79.60 on the selling side, respectively. These rates are particularly significant for the expatriate community and remittance flows into Pakistan.
The Euro (EUR) is trading at PKR 303.00 for buying and PKR 306.00 for selling, while the British Pound (GBP) shows even greater strength, available at PKR 349.50 for buying and PKR 353.00 for selling. Asian and European currencies like the Japanese Yen (JPY), Swiss Franc (CHF), Danish Krone (DKK), Norwegian Krone (NOK), and Swedish Krona (SEK) are also witnessing minor fluctuations that reflect ongoing shifts in global currency markets.
Today’s foreign currency rates are indicative of broader economic conditions and can shift rapidly in response to market demand, political developments, or central bank policies. It is important to remember that these rates are for general reference only and may vary slightly among money exchangers across different cities.
Given the volatile nature of currency markets, individuals are strongly advised to verify the current rates with authorized dealers before executing any transactions involving foreign currency. Staying informed about today’s currency trends is essential for minimizing exchange-related risks and making informed financial decisions in both personal and business contexts.