Karachi: The UK Pound Sterling (GBP) is trading in Pakistan’s open market at Rs 370.15 for buying and Rs 373.15 for selling.
Many Pakistani expatriates living in the UK are sending back remittances, and this rate offers them a valuable return when converting to Pakistani rupees.
These inflows are critical for supporting households, paying school fees, and maintaining quality of life in Pakistan.
On the business side, traders importing goods or services from the UK are closely watching the GBP-PKR rate, as fluctuations significantly affect pricing and profitability in local markets.
