Karachi, April 10, 2025 – Pakistan’s foreign exchange market opened Thursday with moderate fluctuations across major global currencies, reflecting both international market trends and domestic economic adjustments. The currency rates released this morning serve as a key benchmark for financial institutions, importers, exporters, overseas Pakistanis, and travelers alike. As the Pakistani Rupee continues to respond to both local and global pressures, exchange rate movements are under close observation by businesses and analysts.
The most closely monitored exchange rate remains that of the US Dollar, which continues to play a pivotal role in shaping Pakistan’s economic outlook. As of April 10, 2025, the US Dollar is being bought at Rs. 281 and sold at Rs. 282.5 in the open market. While the change is not drastic compared to previous days, the slight movements still impact pricing for imported goods, fuel, and other essential commodities. Exchange rate volatility has become a critical economic indicator, especially amid ongoing fiscal reforms and global economic uncertainty.
The Euro also experienced minor gains, opening at Rs. 309.25 for buying and Rs. 312 for selling. Similarly, the British Pound Sterling was quoted at Rs. 360.5 for buying and Rs. 364 for selling. These rates suggest a modest increase compared to recent sessions, indicating a strengthening of European currencies against the Rupee. The fluctuations are being closely linked to international monetary developments and the relative strength of the Eurozone economies.
Among the most relevant currencies for remittance flows, the Saudi Riyal and UAE Dirham maintained steady demand. The Saudi Riyal opened at Rs. 74.45 for buying and Rs. 75 for selling, while the UAE Dirham traded at Rs. 76.15 and Rs. 76.8, respectively. These currencies are of particular importance for millions of overseas Pakistanis residing in Gulf countries who send remittances back home. Any fluctuation in these rates has a direct impact on household incomes in Pakistan, especially for families that rely on foreign earnings.
In the Asian region, the Japanese Yen showed modest movement, trading at Rs. 1.87 for buying and Rs. 1.93 for selling. The Chinese Yuan, a key currency for trade with one of Pakistan’s largest economic partners, stood at Rs. 37.59 for buying and Rs. 37.99 for selling. These rates remain significant for businesses involved in bilateral trade with East Asia, particularly in technology, automotive, textile, and electronics sectors.
Other notable currencies included the Canadian Dollar, which was being bought at Rs. 199.35 and sold at Rs. 201.75. The Australian Dollar followed closely at Rs. 175.5 for buying and Rs. 177.75 for selling. Meanwhile, the Swiss Franc, known for its stability and association with safe-haven assets, was quoted at Rs. 314.86 for buying and Rs. 317.66 for selling.
The ongoing fluctuations across the currency spectrum come amid a volatile global financial environment, where geopolitical tensions, interest rate decisions in major economies, and commodity price swings continue to shape currency valuations. For Pakistan, where the economy remains sensitive to exchange rate pressures, these daily shifts play a crucial role in determining the cost of living, trade competitiveness, and the broader macroeconomic trajectory.
Financial experts recommend that individuals and businesses stay updated on daily foreign exchange movements, as these changes can directly affect travel costs, import pricing, and the returns on foreign investments. As always, the public is advised to consult official sources and licensed exchange dealers for the most accurate and up-to-date currency rates throughout the trading day.