Karachi, March 3, 2025 – The latest currency exchange rates in Pakistan have been released for Monday, March 3, 2025. These exchange rates represent the initial trading values observed in the open market, providing insights into the fluctuations of various foreign currencies against the Pakistani Rupee.
Currency exchange rates play a crucial role in international trade, remittances, and financial transactions. The demand and supply dynamics of foreign currency directly influence these rates, impacting businesses, travelers, and investors alike. The US Dollar continues to hold strong, with a buying rate of 280.1 PKR and a selling rate of 281.6 PKR. Meanwhile, the Euro stands at 293.25 PKR for buying and 296 PKR for selling, reflecting recent global market trends.
Among the Gulf currencies, the Saudi Riyal is being traded at 74.3 PKR for buying and 74.85 PKR for selling, whereas the UAE Dirham stands at 76 PKR and 76.65 PKR, respectively. The Kuwaiti Dinar remains one of the highest-valued foreign currencies in the Pakistani market, with a buying rate of 898.75 PKR and a selling rate of 908.25 PKR. The Omani Riyal and Bahraini Dinar also maintain strong exchange values, trading at 722.15 PKR and 737.85 PKR for buying, respectively.
The British Pound continues its strong position, with an exchange rate of 353.5 PKR for buying and 357 PKR for selling. The Australian Dollar is being traded at 176.5 PKR for buying and 178.75 PKR for selling, while the Canadian Dollar has rates of 195.1 PKR and 197.5 PKR, respectively. Additionally, the Chinese Yuan is trading at 37.59 PKR for buying and 37.99 PKR for selling.
Currency rates fluctuate daily due to multiple factors, including geopolitical events, economic policies, and global market shifts. Traders and investors keenly observe these changes, ensuring they make informed financial decisions. Exchange rates also affect the cost of imports and exports, making them a critical aspect of economic planning.
As the Pakistani Rupee continues to experience variations against foreign currencies, it is essential for businesses and individuals to stay updated on currency trends. The coming days will determine whether the local currency strengthens or faces further depreciation in response to economic conditions and international market movements.