Karachi, February 11, 2025 – The foreign exchange market in Pakistan saw fluctuations in various currency rates on Tuesday, February 11, 2025. As the Pakistani Rupee (PKR) continues to respond to global economic trends, traders and investors are closely monitoring the exchange rates.
The latest updates from the open market indicate varying demand for major foreign currencies, affecting both buying and selling prices.
The US Dollar (USD), a crucial benchmark currency, stood at Rs. 279.75 for buying and Rs. 281.25 for selling. The greenback remains one of the most actively traded currencies in Pakistan, impacting inflation, imports, and external debt repayments. The exchange rate for the Euro (EUR) was Rs. 287.5 for buying and Rs. 290.25 for selling, reflecting slight volatility amid economic shifts in the European Union.
The British Pound Sterling (GBP), known for its strength in the international currency market, traded at Rs. 346 for buying and Rs. 349.5 for selling. Meanwhile, the Saudi Riyal (SAR) and UAE Dirham (AED)—two widely used currencies in Pakistan due to strong trade and remittance flows from expatriates—were exchanged at Rs. 74.25/74.8 and Rs. 75.9/76.55, respectively.
Regional currencies such as the Chinese Yuan (CNY) were valued at Rs. 37.59 for buying and Rs. 37.99 for selling, while the Indian Rupee (INR) remained relatively stable at Rs. 3.11/3.2. With growing trade relations between Pakistan and China, fluctuations in the yuan’s exchange rate have a direct impact on import costs.
High-value currencies like the Kuwaiti Dinar (KWD) and Omani Riyal (OMR) continued to dominate the forex charts. The Kuwaiti Dinar, one of the strongest currencies globally, was traded at Rs. 896.3/905.8, whereas the Omani Riyal was priced at Rs. 721.5/730. These exchange rates are closely watched by Pakistani expatriates working in the Gulf region, as they directly influence remittance inflows.
The Canadian Dollar (CAD) stood at Rs. 195.1 for buying and Rs. 197.5 for selling, while the Australian Dollar (AUD) traded at Rs. 175.5/177.75. Both currencies play a significant role in Pakistan’s trade with North America and the Asia-Pacific region.
As currency exchange rates continue to fluctuate, businesses and investors are advised to stay updated on market trends. Any significant shift in foreign currency values can impact Pakistan’s trade deficit, inflation levels, and overall economic outlook. Traders should monitor developments in international markets for informed financial decisions.
