Karachi, February 10, 2025 – The currency exchange rates in Pakistan at the start of trading on Monday, February 10, 2025, reflected fluctuations in international markets.
The Pakistani rupee witnessed mixed movements against various foreign currencies, with the US dollar, euro, and British pound remaining focal points for traders and investors alike.
The US dollar opened at a buying rate of 279.6 PKR and a selling rate of 281.1 PKR, indicating slight stability compared to the previous trading session. The euro, another significant currency in the exchange market, was recorded at 290 PKR for buying and 292.75 PKR for selling. Meanwhile, the British pound sterling stood at 346.75 PKR for buying and 350.25 PKR for selling, marking a minor fluctuation due to ongoing economic trends in the UK.
Among the Gulf currencies, the Saudi riyal traded at a buying rate of 74.2 PKR and a selling rate of 74.75 PKR, while the UAE dirham stood at 75.85 PKR for buying and 76.5 PKR for selling. The Kuwaiti dinar, one of the strongest currencies in the region, saw rates of 896.3 PKR for buying and 905.8 PKR for selling. These currency movements are closely monitored by importers and exporters dealing in Gulf-based trade.
Asian currencies also displayed variations, with the Chinese yuan trading at 37.59 PKR for buying and 37.99 PKR for selling. The Japanese yen remained relatively stable, hovering at 1.85 PKR for buying and 1.91 PKR for selling. The Indian rupee, a frequently traded currency in Pakistan, recorded a buying rate of 3.11 PKR and a selling rate of 3.2 PKR, reflecting minimal change from the previous session.
Meanwhile, commodity traders kept an eye on European and North American currencies, particularly the Swiss franc, which traded at 305.25 PKR for buying and 308 PKR for selling. The Canadian dollar stood at 195.6 PKR for buying and 198 PKR for selling, while the Australian dollar was valued at 175.75 PKR for buying and 178 PKR for selling.
Market analysts suggest that the currency exchange rates in Pakistan remain sensitive to global economic conditions, inflation trends, and political developments. Investors and businesses continue to monitor fluctuations in foreign exchange as they impact trade, remittances, and investment flows. As the day progresses, further shifts in currency values may be observed depending on market dynamics and international monetary policies.