The National Bank of Pakistan (NBP) has released its updated foreign exchange rates, with the treasury management division issuing the latest figures on Thursday, April 3, 2025. These rates, which cover a wide range of international currencies, are crucial for businesses, traders, and individuals engaging in foreign transactions. The exchange rates reflect the latest buying and selling prices for foreign currencies in ready transactions, offering essential information for anyone involved in international money exchanges.
For the U.S. dollar (USD), the bank has set the TT (telegraphic transfer) selling rate at Rs 280.55 and the TT buying rate at Rs 280.05. The exchange rate for the euro (EUR) stands at Rs 306.16 for TT selling and Rs 305.61 for TT buying. The British pound (GBP) is quoted at Rs 366.64 for TT selling and Rs 365.99 for TT buying, while the Japanese yen (JPY) has a TT selling rate of Rs 1.9042 and a TT buying rate of Rs 1.9008.
Additionally, the Swiss franc (CHF) is priced at Rs 320.37 for TT selling and Rs 319.80 for TT buying, while the Canadian dollar (CAD) is set at Rs 196.93 and Rs 196.58, respectively. The Australian dollar (AUD) exchange rate stands at Rs 175.96 for TT selling and Rs 175.65 for TT buying, and the Singapore dollar (SGD) is priced at Rs 208.77 for TT selling and Rs 208.40 for TT buying. Other notable currencies include the Hong Kong dollar (HKD), which is pegged at Rs 36.05 for TT selling and Rs 35.98 for TT buying, and the Chinese yuan (CNY) at Rs 38.55 for TT selling and Rs 38.48 for TT buying.
For currencies like the Malaysian ringgit (MYR), Thai baht (THB), and Qatari riyal (QAR), the TT selling and buying rates are listed as Rs 62.87 and Rs 62.76, Rs 8.18 and Rs 8.16, and Rs 76.98 and Rs 76.84, respectively. Other regional currencies, such as the Saudi riyal (SAR) and the UAE dirham (AED), are available at Rs 74.80 and Rs 74.66, and Rs 76.91 and Rs 76.78, respectively.
The bank has also set conversion rates for frozen foreign currency deposits, valid until April 7, 2025. For the U.S. dollar (USD), the conversion rate is Rs 280.1292, while the British pound (GBP) is pegged at Rs 362.8513, the euro (EUR) at Rs 302.3715, and the Japanese yen (JPY) at Rs 1.8614. These rates are particularly important for clients with frozen foreign currency accounts, as they determine the conversion value of these deposits.
It’s important to note that the NBP’s foreign exchange rates are not applicable to transactions exceeding $5,000 or its equivalent in other currencies on a cumulative basis. This means that larger foreign exchange transactions, such as those typically conducted by businesses, may not be subject to these specific rates.
Moreover, some listed currencies are not available for NBP’s customers. These currencies are marked with an asterisk (*) next to their names, indicating that they cannot be accessed for transactions or deposits at the bank. This includes several major currencies, such as the New Zealand dollar (NZD), Kuwaiti dinar (KWD), and others.
The issuance of these foreign exchange rates by NBP plays a crucial role in maintaining transparency in the currency exchange market and helps individuals and businesses make informed decisions about their foreign currency transactions. As the global financial landscape evolves, these rates are expected to change, and customers are advised to check for updates regularly.