Karachi, February 16, 2025 – The currency exchange rates in Pakistan for Sunday, February 16, 2025, reflect the closing values of the previous day, as the market remains closed on account of the weekly holiday.
The Pakistani currency market has experienced steady fluctuations in recent weeks, particularly in response to global economic trends and domestic financial activities.
The US Dollar, a key benchmark in the foreign exchange market, is being traded at a buying rate of PKR 279.75 and a selling rate of PKR 281.25. The dollar’s stability indicates a balanced demand-supply scenario in Pakistan’s interbank and open markets. The British Pound Sterling stands strong at PKR 349.75 for buying and PKR 353.25 for selling, highlighting the pound’s resilience against the Pakistani rupee.
Meanwhile, the Euro is being traded at PKR 291 for buying and PKR 293.75 for selling. The Eurozone’s currency has maintained its position due to ongoing economic recovery in Europe. The Saudi Riyal and UAE Dirham, which are crucial due to significant remittances from Pakistani expatriates in the Middle East, are recorded at PKR 74.25 and PKR 75.95 for buying, with selling rates at PKR 74.80 and PKR 76.60, respectively.
The Australian Dollar is available at PKR 176.75 for buying and PKR 179 for selling, reflecting Australia’s consistent trade relationship with Pakistan. The Canadian Dollar stands at PKR 196.60 for buying and PKR 199 for selling, showing moderate movement in line with global commodity prices.
Currency exchange rates are crucial for businesses, investors, and the general public, as they influence trade, remittances, and investment decisions. The fluctuating nature of the currency market underscores the importance of staying updated with the latest figures. In Pakistan, the rupee’s performance against major international currencies often reflects broader economic conditions, including trade balances and foreign exchange reserves.
It is noteworthy that currency exchange rates can vary slightly across different financial institutions and money exchange companies. The rates mentioned here are based on the official closing figures from the previous day.
As the global economic landscape evolves, the performance of the Pakistani rupee will continue to depend on international market trends, economic policies, and domestic economic activities. Regular monitoring of currency movements is essential for informed financial decisions.