Karachi, February 21, 2025: The open market forex rates in Pakistan were updated today, reflecting the latest exchange rates for major currencies. As of today, the US Dollar (USD) was trading at PKR 279.95 for buying and PKR 281.45 for selling.
Here are the updated forex rates for key currencies:
- Australian Dollar (AUD): Buying at PKR 179.25, Selling at PKR 181.50
- Canadian Dollar (CAD): Buying at PKR 197.10, Selling at PKR 199.50
- China Yuan (CNY): Buying at PKR 37.59, Selling at PKR 37.99
- Euro (EUR): Buying at PKR 292.75, Selling at PKR 295.50
- Japanese Yen (JPY): Buying at PKR 1.86, Selling at PKR 1.92
- Saudi Riyal (SAR): Buying at PKR 74.30, Selling at PKR 74.85
- UAE Dirham (AED): Buying at PKR 75.95, Selling at PKR 76.60
- UK Pound Sterling (GBP): Buying at PKR 353.50, Selling at PKR 357.00
The exchange rates change because of worldwide market developments combined with market demand and supply patterns alongside economic factors. The US Dollar serves as a primary currency for trade followed by remittances yet investors and businesses monitor both Euro and UK Pound Sterling movements.
The value of foreign currencies determines vital economic variables within Pakistan since they influence the flow of imports and exports together with incoming remittances. Organizations, together with tourists and investors, must monitor current rates to make sound financial choices