Karachi, February 19, 2025 – As the foreign exchange market opens on Wednesday, February 19, 2025, fluctuations in currency exchange rates against the Pakistani Rupee (PKR) are evident, signaling the ongoing dynamics of global and domestic financial markets. Understanding the exchange rates for various international currencies is vital for businesses, investors, and individuals involved in cross-border transactions or financial planning.
The United States Dollar (USD) continues to be a focal point in Pakistan’s economy. The buying rate for the USD stands at 279.85 PKR, while the selling rate is slightly higher at 281.35 PKR. The greenback’s performance is closely watched due to its impact on trade balances, import costs, and inflation rates within Pakistan. As the dominant global reserve currency, the value of the USD remains an essential factor in Pakistan’s foreign exchange market and broader economic trends.
The Euro (EUR) is also trading at notable levels, with a buying rate of 291.25 PKR and a selling rate of 294 PKR. The Euro maintains its strength, reflecting its resilience in global markets amidst fluctuating economic conditions. The Euro’s value is significant for businesses engaged in trade with the European Union, as it impacts the cost of imports and export competitiveness.
Among Gulf currencies, the Saudi Riyal (SAR) is being exchanged at 74.25 PKR for buying and 74.8 PKR for selling. The United Arab Emirates Dirham (AED) follows closely with a buying rate of 75.95 PKR and a selling rate of 76.6 PKR. These rates are particularly relevant for individuals and businesses with ties to the Gulf region, where a large portion of Pakistan’s remittances originate. Additionally, the Kuwaiti Dinar (KWD), which remains one of the highest-valued currencies, is traded at 897 PKR for buying and 906.5 PKR for selling. The Omani Riyal (OMR) is also significant in the market, priced at 720.75 PKR for buying and 729.25 PKR for selling.
The British Pound (GBP), a key international currency, continues to hold its position in the market, trading at 351 PKR for buying and 354.5 PKR for selling. This steady rate reflects the Pound’s role as a widely used currency in global trade and finance. For those dealing with North American currencies, the Canadian Dollar (CAD) is priced at 196.85 PKR for buying and 199.25 PKR for selling. Similarly, the Australian Dollar (AUD) is being exchanged at 177.75 PKR for buying and 180 PKR for selling.
Asian currencies are also showing varied trends. The Chinese Yuan (CNY) is trading at 37.59 PKR for buying and 37.99 PKR for selling, reflecting its growing significance as China remains one of Pakistan’s largest trading partners. The Indian Rupee (INR) is priced at 3.11 PKR for buying and 3.2 PKR for selling, while the Japanese Yen (JPY) stands at 1.84 PKR for buying and 1.9 PKR for selling.
Currency exchange rates are influenced by multiple factors, including global market conditions, local economic policies, and geopolitical developments. These fluctuations directly affect Pakistan’s import-export dynamics, the cost of international transactions, and the flow of remittances, which are a crucial source of income for many families in the country. Given the high sensitivity of the Pakistani economy to changes in exchange rates, businesses and consumers alike must remain vigilant and stay informed about daily market movements.
For investors, travelers, and businesses engaged in international trade, it is critical to closely monitor currency trends, as these rates can shift throughout the day based on market demand and global financial events. With inflationary pressures and evolving economic policies in Pakistan, understanding these fluctuations can help mitigate risks and optimize financial planning. As we move forward, staying updated on exchange rates will be key to making informed decisions in today’s dynamic global economy.