Karachi, April 2, 2025 – As of April 2, 2025, the latest exchange rates for major global currencies against the Pakistani Rupee (PKR) have been announced, reflecting the figures from the most recent trading session. While financial markets had been closed for the Eid-ul-Fitr holidays, they reopened today, providing fresh data on the PKR’s performance against a range of foreign currencies. These rates play a crucial role in Pakistan’s economic activity, influencing trade, remittances, and inflation.
For today, the exchange rate for one US Dollar (USD) stands at PKR 279.71 for buying and PKR 281.91 for selling in the open market. These rates, updated at 8:05 AM Pakistan Standard Time (PST), are subject to change based on fluctuations in market dynamics and foreign currency demand. The buying rate represents the price at which an exchange company or bank purchases foreign currency from a customer, while the selling rate reflects the price at which these institutions sell foreign currency to a customer. The USD/PKR rate remains a critical reference point for international trade and investment, as the US Dollar is a dominant global currency.
In addition to the USD, other major currencies have seen their respective fluctuations. The British Pound Sterling (GBP) is trading at PKR 360.97 for buying and PKR 364.44 for selling. The GBP/PKR rate, also updated at 8:05 AM PST, reflects market conditions influenced by global economic events and the demand for British currency. For businesses involved in trade with the UK or individuals transferring money to or from the UK, these rates directly impact costs and investments.
The Euro (EUR), another key currency in international finance, is priced at PKR 301.88 for buying and PKR 304.91 for selling as of April 2, 2025. Given its importance in the European Union’s economic activities, the EUR/PKR exchange rate influences import and export activities between Pakistan and European countries. The fluctuating Euro rate also impacts tourism and remittances, especially for Pakistanis residing in European nations.
For regional currencies, the UAE Dirham (AED) and the Saudi Riyal (SAR) continue to play vital roles in Pakistan’s economic and financial exchanges. The AED is currently valued at PKR 76.01 for buying and PKR 76.56 for selling, reflecting the close economic ties between Pakistan and the United Arab Emirates, particularly through remittances sent by Pakistani expatriates working in the UAE. Similarly, the Saudi Riyal is priced at PKR 74.27 for buying and PKR 74.85 for selling, influencing the remittance flows from Saudi Arabia, which remains one of Pakistan’s largest sources of foreign currency.
The Canadian Dollar (CAD) and Australian Dollar (AUD) also see their updates on April 2, 2025. The CAD stands at PKR 195.85 for buying and PKR 198.25 for selling, while the AUD is valued at PKR 176.5 for buying and PKR 178.75 for selling. Both currencies are particularly relevant to trade and remittance activities involving countries like Canada and Australia, where many Pakistanis are employed.
Another noteworthy exchange rate is the Japanese Yen (JPY), which stands at PKR 1.87 for buying and PKR 1.93 for selling. The JPY/PKR rate plays a crucial role for businesses engaged in trade with Japan and for individuals sending money to and from Japan.
As the foreign exchange market resumes activity after the Eid holidays, it remains subject to daily fluctuations, influenced by supply and demand dynamics, global economic conditions, and national monetary policies. These exchange rates are critical for businesses and consumers alike, with significant implications for imports, exports, remittances, and purchasing power.
The rates outlined above provide a snapshot of today’s market conditions, with expectations that they may continue to fluctuate as financial markets adapt to new trends, policies, and global events. As always, exchange rates are influenced by a wide range of factors, including geopolitical developments, economic performance indicators, and market sentiment.
With the market now open and fully operational after the holiday break, analysts and traders will be closely monitoring any shifts in the foreign exchange market in the coming days.