Karachi, February 28, 2025 – The latest currency exchange rates in Pakistan provide insight into the market conditions as of Friday, February 28, 2025.
These rates, which are based on early trading trends in the open market, are essential for individuals and businesses engaging in foreign exchange transactions. The rupee’s value fluctuates depending on various economic factors, including global market trends, demand and supply conditions, and economic policies.
The Pakistani rupee has experienced shifts in value against several major global currencies. The US dollar remains a key benchmark, with the exchange rate standing at PKR 280 for buying and PKR 281.5 for selling. The Euro, another significant currency in international trade, is being traded at PKR 293.25 for buying and PKR 296 for selling. Meanwhile, the British Pound Sterling is priced at PKR 353.5 for buying and PKR 357 for selling, reflecting the strength of the UK currency in comparison to the rupee.
Other notable currency exchange rates include the Saudi Riyal at PKR 74.3 for buying and PKR 74.85 for selling, while the UAE Dirham is being exchanged at PKR 76 for buying and PKR 76.65 for selling. The Canadian dollar’s rate is recorded at PKR 195.1 for buying and PKR 197.5 for selling, showcasing slight variations influenced by international economic conditions. Additionally, the Australian dollar stands at PKR 176.5 for buying and PKR 178.75 for selling, while the Chinese Yuan is exchanged at PKR 37.59 for buying and PKR 37.99 for selling.
The rupee’s performance against regional currencies such as the Indian Rupee and the Japanese Yen is also significant for cross-border trade. The Indian Rupee is being exchanged at PKR 3.11 for buying and PKR 3.2 for selling, while the Japanese Yen stands at PKR 1.88 for buying and PKR 1.94 for selling. These rates reflect the economic interactions between Pakistan and its neighboring countries.
Fluctuations in exchange rates are common due to changing economic policies, inflation trends, and variations in foreign investment. Businesses, investors, and expatriates sending remittances keep a close watch on these movements to make informed financial decisions. The rupee’s stability is crucial in maintaining a balanced trade environment, ensuring competitiveness in the global market. As global financial conditions continue to evolve, monitoring exchange rates remains essential for economic planning and financial stability in Pakistan.