Karachi, April 2, 2025 – The latest currency exchange rates in Pakistan for Wednesday, April 2, 2025, have been released, reflecting the closing figures from the last trading session. Due to the ongoing Eid-ul-Fitr holidays, financial markets remain closed until April 2, 2025. As the foreign exchange market plays a vital role in shaping the country’s economic landscape, these exchange rate fluctuations have significant implications for trade, investments, inflation, and the purchasing power of consumers.
The value of the Pakistani Rupee (PKR) against major global currencies is a crucial indicator of economic activity in the country. It impacts a variety of sectors, including import and export businesses, overseas remittances, and the overall economic stability. Fluctuations in exchange rates directly influence the cost of foreign goods and services, which, in turn, affects inflationary trends and the overall cost of living. The foreign exchange market is highly sensitive to global economic conditions, monetary policies, and geopolitical factors, making it a dynamic and ever-changing element of the financial landscape.
According to the latest updates, the exchange rates for major global currencies are seeing some variation. The US Dollar (USD), a benchmark currency in international trade, is priced at PKR 280.4 for buying and PKR 281.9 for selling. The British Pound Sterling (GBP), which is one of the strongest currencies globally, is trading at PKR 361.5 for buying and PKR 365 for selling. Similarly, the Euro (EUR), a key player in global finance, is valued at PKR 301.5 for buying and PKR 304.25 for selling.
Among regional currencies, the United Arab Emirates Dirham (AED) plays a significant role in Pakistan due to the large number of expatriates living and working in the UAE. The exchange rate for the AED is recorded at PKR 75.9 for buying and PKR 76.55 for selling. In a similar context, the Saudi Riyal (SAR), which holds importance for remittances sent from the Kingdom of Saudi Arabia, is being traded at PKR 74.35 for buying and PKR 74.9 for selling.
The exchange rate for the Canadian Dollar (CAD) stands at PKR 195.85 for buying and PKR 198.25 for selling. Meanwhile, the Australian Dollar (AUD) is priced at PKR 176.5 for buying and PKR 178.75 for selling. The Japanese Yen (JPY), another key currency in global financial markets, is valued at PKR 1.87 for buying and PKR 1.93 for selling.
The fluctuation of currency exchange rates is a common occurrence in the foreign exchange market, driven by a combination of factors such as market dynamics, supply and demand, and the broader global economic environment. The rates listed above are just a snapshot of the current market situation, which is expected to change as financial markets resume normal operations after the Eid holidays.
The exchange rates will continue to be a critical focus for businesses, investors, and consumers as they adjust to the fluctuations in global markets. The movement of the Pakistani Rupee against international currencies will be closely monitored, with particular attention given to factors like inflation, trade balances, and remittances. With financial markets poised to resume after the holiday period, analysts expect to see further adjustments in response to shifting economic trends and policies.
As Pakistan’s foreign exchange market reopens, it is anticipated that the new exchange rate movements will reflect the evolving economic conditions, offering insights into the state of the economy and providing opportunities for those involved in cross-border trade and investments.