The National Bank of Pakistan (NBP), through its Treasury Management Division, released its official foreign exchange rates for Tuesday, April 29, 2025, offering key benchmarks for both customers and financial institutions engaging in currency transactions. These rates provide insight into the prevailing market conditions and currency valuations against the Pakistani rupee and serve as a vital reference point for trade settlements, remittances, and forex operations.
For ready transactions, the bank listed its telegraphic transfer (TT) buying and selling rates for a range of major global currencies. The U.S. dollar (USD), which remains the most commonly traded foreign currency in Pakistan, was quoted at a TT selling rate of Rs281.45 and a TT buying rate of Rs280.95. The euro (EUR), another widely tracked currency, was available at Rs320.67 (selling) and Rs320.10 (buying).
Among other major currencies, the British pound sterling (GBP) was quoted at Rs377.57 for selling and Rs376.90 for buying. The Swiss franc (CHF) followed at Rs341.91 and Rs341.30 respectively, while the Japanese yen (JPY) stood at Rs1.9765 (selling) and Rs1.9730 (buying), reflecting stability across East Asian currency trends.
From the North American region, the Canadian dollar (CAD) was listed at Rs203.07 for selling and Rs202.71 for buying. The Australian dollar (AUD) traded at Rs180.65 and Rs180.33, while the New Zealand dollar (NZD), marked with an asterisk indicating its unavailability for customer transactions, was quoted at Rs167.61 (selling) and Rs167.32 (buying).
The Scandinavian currencies also featured in the rate sheet. The Swedish krona (SEK) and Norwegian krone (NOK) were quoted at Rs29.48 and Rs29.43, and Rs27.20 and Rs27.15 respectively. Meanwhile, the Danish krone (DKK) stood at Rs42.96 (selling) and Rs42.88 (buying), reflecting relatively stable trade levels.
Regional currencies of strategic importance to Pakistan were also included. The Chinese yuan (CNY) was posted at Rs38.87 (selling) and Rs38.80 (buying), while the Korean won (KRW), also not available to customers, stood at Rs0.1958 and Rs0.1954 respectively. The Malaysian ringgit (MYR) was listed at Rs64.98 (selling) and Rs64.86 (buying), and the Thai baht (THB) at Rs8.45 and Rs8.43.
Currencies from the Gulf region—critical for remittance flows—were also updated. The United Arab Emirates dirham (AED) was priced at Rs77.15 (selling) and Rs77.02 (buying), while the Saudi riyal (SAR) stood at Rs75.03 and Rs74.90. The Qatari riyal (QAR), unavailable to retail customers, was quoted at Rs77.37 and Rs77.23. The Kuwaiti dinar (KWD), the most expensive among the listed currencies and also restricted from customer use, was listed at Rs917.88 for selling and Rs916.25 for buying.
In addition to the ready rates, NBP also disclosed conversion rates for frozen foreign currency (FCY) deposits with a settlement date of Friday, May 2, 2025. The conversion rate for the U.S. dollar was Rs281.039, while the British pound and euro were converted at Rs374.2315 and Rs318.9511 respectively. The Japanese yen was set at Rs1.9576.
It’s important to note that these published rates are not valid for cumulative transactions exceeding USD 5,000 or its equivalent in other currencies. Moreover, several of the listed currencies—marked with an asterisk—are not currently available for direct transactions by NBP customers.
By issuing these daily rates, NBP continues to play a central role in Pakistan’s forex market, offering transparency and guidance to corporates, importers, exporters, and retail clients operating in a dynamic international currency landscape.