Karachi, March 10, 2025 – The latest currency exchange rates in Pakistan for Monday, March 10, 2025, have been released, reflecting the prevailing market conditions as trading commences in the interbank and open market.
These exchange rates play a pivotal role in financial transactions, influencing imports, exports, and remittances across the country.
The foreign exchange market continues to experience fluctuations due to global economic dynamics, investor sentiment, and geopolitical developments. The US Dollar, a benchmark for foreign trade and international transactions, is currently trading at a buying rate of 280.25 PKR and a selling rate of 281.75 PKR. Similarly, the UK Pound Sterling, a widely traded currency, stands at 360.5 PKR for buying and 364 PKR for selling.
Among regional currencies, the exchange rate for the Indian Rupee is 3.12 PKR for buying and 3.21 PKR for selling, whereas the Chinese Yuan is being exchanged at 37.55 PKR for buying and 37.95 PKR for selling. The Saudi Riyal, which is crucial for Pakistani expatriates working in the Middle East, has an exchange rate of 74.45 PKR for buying and 75 PKR for selling.
Meanwhile, the Euro, one of the strongest global currencies, is currently available at an exchange rate of 297.85 PKR for buying and 300.6 PKR for selling. The Canadian Dollar is trading at 196.1 PKR for buying and 198.5 PKR for selling, while the Australian Dollar stands at 177 PKR for buying and 179.25 PKR for selling. The Kuwaiti Dinar, known for its high valuation, has a buying rate of 900.5 PKR and a selling rate of 910 PKR, maintaining its status as one of the most valuable currencies in the foreign exchange market.
Fluctuations in currency exchange rates impact various sectors, from trade to tourism and foreign investments. Businesses and individuals involved in international transactions closely monitor these exchange rates to make informed financial decisions. The rates are influenced by factors such as inflation, interest rates, foreign reserves, and market speculation.
With Pakistan’s economy facing ongoing financial challenges, the exchange rate stability remains a key concern for policymakers. The foreign currency reserves and trade balance significantly affect the valuation of the Pakistani Rupee against other major currencies. As the trading day progresses, any sharp movements in exchange rates could impact market confidence and economic forecasts.
For individuals and businesses engaged in foreign transactions, keeping an eye on daily currency exchange rates is essential to navigate the financial landscape effectively. Regular updates on exchange rates enable better financial planning and risk management in an ever-evolving economic environment.