April 23, 2025 – The National Bank of Pakistan (NBP) has issued its updated foreign exchange rates for the day through its Treasury Management Division, offering a comprehensive overview of buying and selling rates for a wide array of international currencies. These rates are crucial for importers, exporters, travelers, investors, and institutions navigating foreign exchange markets in a time of fluctuating economic indicators and global currency volatility.
The ready transaction rates provide insight into the bank’s buying and selling prices for various currencies. As of Wednesday, the US Dollar (USD) was being sold at Rs281.15 and bought at Rs280.65, maintaining its position as the benchmark currency in Pakistan’s foreign exchange landscape.
The Euro (EUR), reflecting ongoing strength amid relative economic stability in the Eurozone, was quoted with a TT (Telegraphic Transfer) selling rate of Rs320.03 and a buying rate of Rs319.46. Meanwhile, the British Pound (GBP), buoyed by robust UK inflation data, stood stronger at Rs373.77 (selling) and Rs373.10 (buying).
Among other major currencies, the Japanese Yen (JPY) was offered at Rs1.9786 (selling) and Rs1.9751 (buying), while the Swiss Franc (CHF) came in at Rs341.53 and Rs340.93, reflecting the currency’s traditional safe-haven appeal. The Canadian Dollar (CAD) was posted at Rs203.13 (selling) and Rs202.77 (buying), and the Australian Dollar (AUD) at Rs179.47 and Rs179.15, respectively.
The Asian currency block also saw updates, with the Chinese Yuan (CNY) quoted at Rs38.67 (selling) and Rs38.60 (buying), while the Korean Won (KRW) hovered at Rs0.1966 and Rs0.1963. The Malaysian Ringgit (MYR) and Thai Baht (THB) were listed at Rs63.82 and Rs8.39 on the selling side.
From the Gulf region, the U.A.E. Dirham (AED) and Saudi Riyal (SAR)—both vital to Pakistan’s remittance economy—stood at Rs77.07 and Rs74.96, respectively, on the selling end. The Kuwaiti Dinar (KWD) continued to be the highest-valued currency on the list, reaching Rs919.75 (selling) and Rs918.12 (buying).
For transactions involving frozen foreign currency deposits, NBP also released conversion rates for settlement dated Friday, April 25, 2025. According to the update:
- The US Dollar conversion rate was set at Rs280.739.
- The British Pound at Rs375.4884.
- The Euro at Rs322.7375.
- The Japanese Yen at Rs1.9996.
NBP clarified that these rates do not apply to cumulative transactions exceeding USD 5,000 or its equivalent in any other currency. This limitation reflects risk management measures in line with the bank’s internal policies and market stability concerns.
As currency fluctuations continue to play a significant role in international trade, remittance flows, and financial planning, NBP’s daily rate updates are a vital reference for businesses, expatriates, and policymakers alike. The issuance of these rates also aligns with ongoing efforts to enhance transparency and efficiency in the financial services ecosystem, particularly within the context of Pakistan’s evolving digital banking and forex infrastructure.
Stay tuned to official NBP channels or reliable financial portals for real-time updates and guidance on large-value transactions, rate hedging strategies, and macroeconomic trends impacting forex rates.