Karachi, March 7, 2025 – The latest currency exchange rates in Pakistan for Friday, March 7, 2025, have been released, reflecting the opening trade in the open market.
The value of various foreign currencies continues to fluctuate in response to global financial conditions, demand-supply dynamics, and geopolitical developments. As investors and businesses closely monitor exchange trends, fluctuations in currency rates remain a critical factor in international trade and economic stability.
The US dollar, a key benchmark in currency exchange, is currently trading at a buying rate of Rs280.1 and a selling rate of Rs281.6. Meanwhile, the British Pound Sterling stands at Rs355.1 for buying and Rs358.6 for selling, reflecting its continued strength in the exchange market. The Euro has been recorded at Rs292.85 for buying and Rs295.6 for selling, showing minor changes compared to the previous trading session.
Among the Gulf currencies, the Saudi Riyal is available at a buying rate of Rs74.55 and a selling rate of Rs75.1, while the UAE Dirham is trading at Rs75.9 for buying and Rs76.55 for selling. The Kuwaiti Dinar, which holds one of the highest exchange rates globally, is currently being exchanged at Rs900.25 for buying and Rs909.75 for selling. Similarly, the Omani Riyal and Bahraini Dinar are trading at Rs723.25 and Rs738.95, respectively, on the buying side, with their selling rates slightly higher.
In the Asia-Pacific region, the Chinese Yuan is available at Rs37.55 for buying and Rs37.95 for selling, whereas the Japanese Yen is being exchanged at Rs1.87 for buying and Rs1.93 for selling. The Australian Dollar stands at Rs174.35 for buying and Rs176.6 for selling, while the Canadian Dollar is trading at Rs193.95 and Rs196.35, respectively.
Fluctuations in currency exchange rates impact multiple sectors, including imports, exports, and remittances. Businesses relying on international trade closely observe these variations to strategize their financial dealings effectively. Investors and forex traders also keep a watchful eye on currency movements, aiming to capitalize on fluctuations in exchange rates.
Market analysts predict that exchange rate volatility may continue in the coming days, influenced by global economic trends and domestic financial policies. As currency exchange rates play a crucial role in shaping the economy, stakeholders across industries remain attentive to ongoing market shifts.
