April 7, 2025 – The National Bank of Pakistan (NBP) has released the latest foreign exchange rates for various currencies, detailing the buying and selling prices for ready transactions in the interbank market. The treasury management division of NBP issued the updated rates on Monday, offering a snapshot of the current currency values and their fluctuations in the market. This update provides important insights for businesses, investors, and individuals engaged in foreign exchange transactions.
The announced rates reflect the TT (Telegraphic Transfer) buying and selling prices for several major currencies. The US Dollar (USD), a crucial currency in the global and local financial markets, was listed at PKR 280.35 for buying and PKR 280.85 for selling. The Euro (EUR) followed with a rate of PKR 307.47 for buying and PKR 308.02 for selling, indicating slight variations from previous days.
Other major currencies also saw slight shifts. The British Pound (GBP) was valued at PKR 361.46 for buying and PKR 362.11 for selling, while the Swiss Franc (CHF) stood at PKR 328.09 for buying and PKR 328.68 for selling. Similarly, the Canadian Dollar (CAD) was priced at PKR 197.06 for buying and PKR 197.41 for selling, reflecting the current trends in the foreign exchange market.
The Australian Dollar (AUD) was exchanged at PKR 168.86 for buying and PKR 169.16 for selling, while the Japanese Yen (JPY) was quoted at PKR 1.9185 for buying and PKR 1.9219 for selling. In the same vein, the Malaysian Ringgit (MYR) traded at PKR 62.81 for buying and PKR 62.92 for selling, underscoring the current stability in the region’s foreign exchange market.
Other notable currencies included the Saudi Riyal (SAR), which stood at PKR 74.71 for buying and PKR 74.85 for selling, and the UAE Dirham (AED), with buying and selling rates of PKR 76.86 and PKR 76.99, respectively. The rates for currencies such as the Korean Won (KRW) and Thai Baht (THB) were similarly outlined, demonstrating the variety of international trade partners influencing Pakistan’s foreign exchange landscape.
It is important to note that certain currencies, such as the New Zealand Dollar (NZD), Qatari Riyal (QAR), Kuwaiti Dinar (KWD), and others, are listed with asterisks, indicating that these currencies are currently unavailable for exchange through NBP for customers, further emphasizing the limitations in certain markets.
Additionally, NBP has outlined conversion rates for frozen foreign currency deposits, with settlement dates scheduled for April 9, 2025. These rates include USD at 280.4318, GBP at 364.6454, EUR at 308.2786, and JPY at 1.915, indicating the bank’s continued engagement with foreign exchange deposits for customers.
It is also crucial to note that the NBP exchange rates provided are not applicable to transactions exceeding USD 5,000 or its equivalent in other currencies, as stated in the bank’s announcement. This limitation is aimed at controlling the scale of currency exchanges and ensuring compliance with regulatory measures.
The NBP’s regular updates on foreign exchange rates are key for individuals and businesses involved in cross-border transactions, trade, or investments. Keeping an eye on these rates can help stakeholders make informed financial decisions, whether for international trade, remittances, or investments in global markets.
As the global economic landscape continues to evolve, exchange rates like those provided by NBP play a pivotal role in shaping Pakistan’s financial environment.