The National Bank of Pakistan (NBP), through its Treasury Management Division, has issued the latest foreign exchange rates applicable for Thursday, May 15, 2025. These rates serve as a key reference for commercial transactions, remittances, and cross-border financial dealings involving foreign currency. As one of the country’s leading public sector financial institutions, NBP plays a vital role in providing reliable and transparent currency exchange benchmarks.
The newly issued “Ready Transaction Rates” detail both Telegraphic Transfer (TT) selling and buying prices for a wide range of major global currencies. According to NBP, the US Dollar is being quoted at a TT selling rate of Rs. 282.10 and a TT buying rate of Rs. 281.60. The Euro stands at Rs. 315.88 for selling and Rs. 315.32 for buying. The British Pound Sterling remains one of the highest-valued currencies in the chart, with a TT selling rate of Rs. 374.74 and a buying rate of Rs. 374.07.
Among other major currencies, the Japanese Yen has been recorded at Rs. 1.9316 for selling and Rs. 1.9282 for buying. The Swiss Franc stands at Rs. 336.15 (selling) and Rs. 335.55 (buying), while the Canadian Dollar is listed at Rs. 202.02 for selling and Rs. 201.66 for buying. The Australian Dollar, closely followed by investors and trade bodies, is available at Rs. 181.78 (selling) and Rs. 181.45 (buying).
In the regional and Asian currency segment, the Chinese Yuan is being traded at Rs. 39.30 for selling and Rs. 39.23 for buying, while the Saudi Riyal is set at Rs. 75.21 (selling) and Rs. 75.08 (buying). The UAE Dirham stands at Rs. 77.33 and Rs. 77.20 respectively. Other notable mentions include the Qatari Riyal at Rs. 77.59 for selling and Rs. 77.45 for buying, and the Kuwaiti Dinar at Rs. 918.59 (selling) and Rs. 916.97 (buying), reaffirming its status as one of the highest-valued currencies in the region.
The statement also includes conversion rates for frozen foreign currency deposits, which are applicable on the settlement date of Monday, May 19, 2025. For these deposits, the US Dollar conversion rate is listed at Rs. 281.6824, the British Pound at Rs. 375.3137, the Euro at Rs. 315.8787, and the Japanese Yen at Rs. 1.9165. These rates help standardize the valuation of foreign currency holdings across the banking system, particularly for fixed foreign deposits.
NBP has also issued a critical note stating that these published exchange rates are not valid for transactions exceeding $5,000 or its equivalent in other currencies on a cumulative basis. For such high-value transactions, customers are advised to consult directly with bank representatives or treasury desks to obtain negotiated rates based on real-time market conditions.
By issuing these detailed exchange rates, the National Bank of Pakistan reinforces its commitment to transparency, financial clarity, and service to its retail and corporate clientele. As foreign exchange markets continue to respond to evolving global economic indicators, such timely updates remain a cornerstone for effective financial decision-making within Pakistan’s banking sector.