On March 6, 2025, the National Bank of Pakistan (NBP), through its Treasury Management Division, published its latest foreign exchange rates for several key global currencies. The updated rates play a critical role for businesses, financial institutions, and individuals engaging in foreign currency transactions, as they help determine the exchange values of various currencies against the Pakistani Rupee (PKR).
The exchange rates provided by NBP reflect the buying and selling values for a wide range of global currencies, offering clarity on their market value at a given time. Among the most widely traded currencies, the US Dollar (USD) saw a buying rate of 279.75 PKR and a selling rate of 280.25 PKR. Similarly, the Euro (EUR) had a buying rate of 301.77 PKR and a selling rate of 302.31 PKR. For the British Pound (GBP), the rates stood at 360.45 PKR for buying and 361.09 PKR for selling. The Japanese Yen (JPY) saw rates of 1.8745 PKR and 1.8778 PKR for buying and selling, respectively. Meanwhile, the Swiss Franc (CHF) had a buying rate of 313.43 PKR and a selling rate of 313.99 PKR.
In addition to these currencies, the Canadian Dollar (CAD) was listed with a buying rate of 195.23 PKR and a selling rate of 195.58 PKR, while the Australian Dollar (AUD) saw rates of 177.32 PKR for buying and 177.64 PKR for selling. The Swedish Krona (SEK) had a buying rate of 27.59 PKR, with a selling rate of 27.64 PKR. Other currencies such as the Norwegian Krone (NOK), Danish Krone (DKK), New Zealand Dollar (NZD), Singapore Dollar (SGD), and Hong Kong Dollar (HKD) were also listed with specific buying and selling rates against the PKR.
It is worth noting that the rates published by NBP apply to ready transactions, with certain restrictions in place. The bank clarified that these rates are not applicable for transactions over 5,000 USD or its equivalent in other currencies, either individually or on a cumulative basis. Additionally, some currencies are currently unavailable to NBP customers, including those marked with an asterisk in the listing.
Alongside these ready transaction rates, NBP also provided conversion rates for frozen foreign currency deposits with a settlement date of March 10, 2025. These rates were provided for USD, GBP, EUR, and JPY, indicating the bank’s ongoing efforts to maintain transparency and reliability in its foreign exchange services.
These published rates are crucial for individuals and businesses involved in foreign currency dealings, providing a real-time snapshot of the exchange rates for major currencies. The continuous fluctuations in exchange rates reflect the broader trends in global finance and international trade, making it essential for businesses to keep track of these changes for effective financial planning.
The release of these updated foreign exchange rates reflects NBP’s commitment to offering transparent and accessible financial services to both businesses and individuals. It ensures that customers can make informed decisions when engaging in foreign transactions and helps maintain the integrity of Pakistan’s financial market.
For those seeking further details, NBP encourages customers to consult with their branch representatives and refer to the bank’s official communication for guidance on how these exchange rates may impact specific transactions or business operations. Through these efforts, NBP continues to strengthen its role in Pakistan’s dynamic financial ecosystem.