The latest foreign exchange rates in Pakistan’s open market, updated on January 2, 2025, show differing trends in some of the most popular currencies. The current exchange rate of the US Dollar is buying at 278.20 PKR and selling at 279.70 PKR, while that of the UK Pound Sterling is buying at 348.75 PKR and selling at 352.25 PKR. Currently, one Euro costs 288.20 PKR for buying and 290.95 PKR for selling ad 1 Saudi Riyal costs 73.85 PKR for buying and 74.40 PKR for selling.
Other important currency rates are UAE Dirham that is purchased at 75.45 PKR and sold at 76.10 PKR, Australian Dollar that is sold at 173.30 PKR and bought at 175.55 PKR, and Canadian Dollars for the 194.60 PKR buying rate and the 197.00 selling rate. The exchange rate of Chinese Yuan is 37.99 PKR for buying and 38.39 PKR for selling, and the Japanese Yen rate is 1.86 PKR for buying and 1.92 PKR for selling.
These rates are certainly justified, as the forex market is indeed highly volatile depending on local and international economic factors.