The National Bank of Pakistan (NBP), through its Treasury Management Division, released the official foreign exchange rates applicable for Tuesday, May 6, 2025. These rates reflect the bank’s indicative prices for major global currencies and are widely referenced by customers and financial institutions for various international transactions and settlements.
According to the latest bulletin, the NBP’s “Ready Transaction Rates” provide Telegraphic Transfer (TT) buying and selling values for a broad range of currencies. The US dollar, a key benchmark in Pakistan’s foreign exchange markets, is being sold at PKR 281.45 and bought at PKR 280.95. Similarly, the Euro is listed at a selling rate of PKR 318.42 and a buying rate of PKR 317.85, reflecting consistent pricing in alignment with current market trends.
For the British Pound (GBP), the selling rate stands at PKR 374.09 while the buying rate is PKR 373.43. The Japanese Yen (JPY) is being sold at PKR 1.9573 and bought at PKR 1.9538, while the Swiss Franc (CHF) is listed with a selling rate of PKR 341.86 and a buying rate of PKR 341.25.
Additional currencies such as the Canadian Dollar (CAD) and Australian Dollar (AUD) are priced at PKR 203.58 and PKR 181.73 for selling, and PKR 203.22 and PKR 181.41 for buying, respectively. Asian currencies including the Chinese Yuan (CNY), Korean Won (KRW), Thai Baht (THB), Malaysian Ringgit (MYR), and Singapore Dollar (SGD) have also been published with respective rates, catering to the bank’s diverse customer base involved in regional trade and remittances.
NBP’s exchange rate bulletin further includes Scandinavian and Middle Eastern currencies. The Swedish Krona (SEK) is priced at PKR 29.28 (selling) and PKR 29.23 (buying), while the Norwegian Krone (NOK) and Danish Krone (DKK) follow closely with narrow spreads. Middle Eastern currencies such as the UAE Dirham (AED) and Saudi Riyal (SAR) are quoted at PKR 77.15 and PKR 75.05 respectively for selling, underscoring their relevance in Pakistan’s remittance market.
It is important to note that the NBP specifies these rates are not applicable for transactions exceeding USD 5,000 or its equivalent in other currencies on a cumulative basis. Furthermore, select currencies marked with an asterisk, including the Kuwaiti Dinar (KWD), Qatari Riyal (QAR), and New Zealand Dollar (NZD), are listed for informational purposes only and are not directly available for transactions through NBP’s customer-facing services.
For conversion of frozen foreign currency deposits, NBP also released separate indicative rates to be used for settlement on Thursday, May 8, 2025. According to this section, the conversion rate for the US dollar is PKR 281.1971, while the British Pound is set at PKR 373.4016 and the Euro at PKR 318.1464. The Japanese Yen’s conversion rate stands at PKR 1.948.
By publishing these rates, NBP contributes to transparency and consistency in foreign currency dealings, playing a vital role in both individual remittances and institutional-level forex transactions. These updates are particularly critical in a volatile exchange rate environment, helping customers make informed decisions for cross-border payments, investment, and trade settlements.
The National Bank of Pakistan remains a central institution in the country’s financial ecosystem, with its daily exchange rate bulletins providing essential data for the banking industry, corporate sector, and general public alike.