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 rates transform because of worldwide market patterns along with market supply and demand and economic circumstances. The US dollar continues its position as a leading currency for trade activities alongside remittances, along with the euro and UK pound sterling, which maintain investor and business observation.
The Pakistani economy heavily depends on Forex rates since they control the import and export activities and remittance flow. Businesses, together with tourists and investors, need to monitor present forex rates so they can base their financial choices on accurate information.