Karachi, February 8, 2025 – The latest currency exchange rates in Pakistan were updated at 11:10 AM today, reflecting fluctuations in the open market.
As Pakistan’s economy navigates inflationary pressures and external trade challenges, the foreign exchange market remains a critical indicator of economic stability. Businesses, investors, and travelers continue to keep a close eye on exchange rate movements to manage financial risks effectively.
The US Dollar (USD) is currently trading at 279.6 for buying and 281.1 for selling, showing slight stability after minor fluctuations earlier in the week. Experts suggest that the USD-PKR exchange rate is likely to remain sensitive to global oil prices and international economic policies. Meanwhile, the Euro (EUR) is being exchanged at 290 buying and 292.75 selling, while the British Pound (GBP) maintains a firm position at 346.75 buying and 350.25 selling. The appreciation of European currencies continues to impact Pakistan’s import costs, particularly for goods sourced from the Eurozone and the United Kingdom.
Among the Middle Eastern currencies, the Saudi Riyal (SAR) is trading at 74.2 buying and 74.75 selling, whereas the UAE Dirham (AED) stands at 75.85 buying and 76.5 selling. These currencies remain crucial for Pakistan due to strong trade and labor remittance links with Saudi Arabia and the UAE. The Kuwaiti Dinar (KWD), known for its high value, is being exchanged at 896.3 buying and 905.8 selling, while the Omani Riyal (OMR) stands at 722.9 buying and 731.4 selling.
Asian currencies have shown minor variations, with the Chinese Yuan (CNY) trading at 37.59 buying and 37.99 selling, reflecting China’s growing trade influence in Pakistan. The Japanese Yen (JPY) remains low at 1.85 buying and 1.91 selling, making Japanese imports relatively affordable. Meanwhile, the Indian Rupee (INR) is valued at 3.11 for buying and 3.2 for selling.
Market analysts emphasize that fluctuations in currency exchange rates are driven by multiple factors, including inflation, trade deficits, and political uncertainty. The Pakistani Rupee’s value against major foreign currencies continues to impact consumer prices, especially for imported goods such as petroleum, machinery, and electronics.
As global economic conditions evolve, the demand for foreign currency in Pakistan remains high, and investors are advised to monitor exchange rate trends closely. Economic policies and foreign reserves will play a crucial role in determining the future trajectory of the currency market.
