The State Bank of Pakistan (SBP) released the official foreign exchange rates for May 14, 2025, offering an updated reference for customers involved in international financial transactions. These rates, calculated based on the weighted average of commercial bank quotes, serve as a standardized benchmark across the country’s financial system. The central bank’s regular publication of such data reinforces transparency and ensures confidence in Pakistan’s foreign exchange ecosystem.
The SBP’s published rates are used by commercial banks to price foreign currency transactions for their clients, playing a vital role in supporting trade, remittance inflows, investment movements, and other cross-border financial activities. As a result, the SBP’s exchange rates not only affect everyday transactions but also impact broader economic decision-making at both corporate and policy levels.
On May 14, the SBP reported the following buying and selling rates for major foreign currencies in terms of Pakistani Rupees (PKR). The US Dollar (USD) was listed at Rs281.4892 for buying and Rs281.9211 for selling, indicating a marginally stable position in the market amid global financial headwinds. The Euro (EUR) was posted at Rs314.9939 for buying and Rs315.4727 for selling, while the British Pound (GBP) remained strong at Rs374.4842 and Rs375.0595, respectively.
Among other major currencies, the Japanese Yen (JPY) stood at Rs1.9142 buying and Rs1.9170 selling, reflecting a slight spread indicative of stable demand. The Chinese Yuan (CNY) was quoted at Rs39.0369 for buying and Rs39.0873 for selling, consistent with increasing trade ties between Pakistan and China. The UAE Dirham (AED) and Saudi Riyal (SAR), commonly used in remittances, were reported at Rs76.6411/76.7516 and Rs75.0489/75.1600, respectively.
From the Asia-Pacific region, the Australian Dollar (AUD) was available at Rs182.2704 for buying and Rs182.5505 for selling, while the Canadian Dollar (CAD) stood at Rs202.1077 and Rs202.4160, respectively. The Swiss Franc (CHF), often seen as a safe-haven currency, was pegged at Rs335.4853 for buying and Rs336.0124 for selling.
These exchange rates are more than daily figures—they serve as critical economic indicators. By reflecting current supply and demand dynamics in the foreign currency market, they help shape monetary policy and fiscal planning while guiding financial institutions in aligning their rates with the broader market consensus.
Importantly, the SBP highlighted that these figures are subject to market fluctuations. Therefore, individuals and businesses involved in foreign exchange dealings are advised to consult their respective banks for the latest transactional rates, which may vary slightly from the SBP’s published numbers due to institutional spreads or added service charges.
The consistent release of foreign exchange data by the SBP demonstrates the central bank’s commitment to fostering an open and informed economic environment. It helps businesses optimize their cross-border strategies and allows consumers to make sound decisions when converting or transferring foreign currencies.
As global financial systems remain interconnected, central banks like the SBP play a key role in maintaining economic equilibrium through accurate and timely dissemination of information. The exchange rates for May 14, 2025, reaffirm the SBP’s focus on financial stability, enabling efficient trade, investment flows, and economic resilience in an increasingly volatile global landscape.