Karachi, November 5, 2025 – The UK Pound Sterling (GBP) traded at Rs368.23 for buying and Rs373.14 for selling against the Pakistani Rupee (PKR) in the open market on Wednesday, according to the latest foreign exchange market data issued at 9:00 AM Pakistan Standard Time (PST).
These exchange rates are updated daily and fluctuate in response to market forces, global economic conditions, and local currency demand. The buying rate refers to the price at which banks or exchange companies purchase foreign currency from customers, whereas the selling rate represents the price at which they sell it to buyers.
The GBP/PKR parity is primarily influenced by the strength of the British Pound in the international market, the U.S. dollar’s movements, and Pakistan’s own foreign exchange reserves. Other major factors affecting the exchange rate include trade imbalances, import payments, global oil prices, and remittance inflows.
Analysts suggest that the recent fluctuations in the Pound-Rupee rate are linked to macroeconomic trends in the UK, particularly the Bank of England’s interest rate policies, inflation control measures, and post-Brexit trade adjustments. Similarly, Pakistan’s rising import bills and external financing needs have contributed to minor volatility in the local currency market.
Currency experts advise travelers, importers, and investors to check the latest updates before making large transactions, as rates may vary between exchange companies depending on demand and supply conditions throughout the day.